BRITISH VIRGIN ISLANDS (BVI) COMPANY INCORPORATION

The British Virgin Islands (BVI) is a group of islands in the Caribbean Sea located approximately 50 miles or 80 kilometers east of Puerto Rico. The BVI is a British Dependent Territory which became self-governing in 1967 and is a member of the British Commonwealth. Since introducing its International Business Company (IBC) legislation in 1984, the BVI offshore financial services sector has flourished and is now the world’s most popular offshore centre with around 800,000 companies incorporated.

  ADVANTAGES

  • Provide privacy protection, without disclosing shareholders and directors

  • No tax shall be declarable and payable

  • Registered capital is not required, and bank accounts can be opened all over the world

  • Companies can use Chinese names

  • It is not required to submit audited accounts

  STANDARD REQUIREMENT FOR BVI LIMITED COMPANY

Proposed company name Both English and Chinese are acceptable
Standard authorised share capital US$50,000 at US$1 each or no par value
Minimum share capital US$1
Minimum shareholder 1 Natural person or legal entity
Minimum director 1 Natural person or legal entity
Company Secretary Not compulsory

  BVI COMPANY REGISTRATION

Shelf Company Brand New Company
Company names search in BVI registry
Document preparation and submission
Registrar of shareholders, director and members
Memorandum & Articles of Association
Share certificates book
Authorized signature chop
Common seal
Certificate of incorporation
Company kit box
BVI Government fees included
BVI registered agent fee included
BVI registered office included
Incorporation Fee
English company name HK$8700 HK$8700
English and Chinese company name HK$9700 HK$9700

   OTHER RELATED SERVICES

Certificate of Incumbency HK$1,100
Certificate of Good Standing HK$1,500
Certified True Copy of Documents HK$1,000
Annual Renewal Fee HK$9,900

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