Registration of companies on British Virgin Islands
from 1153.95 c.u.
The British Virgin Islands is an offshore zone with internal self-government dependent on Great Britain.
It should be noted that the economic situation in the BVI is considered one of the most positive and stable in the Caribbean region.
The main areas of activity include tourism and the financial and banking sector.
A number of taxes are absent, therefore, the BVI is considered a real tax haven for businessmen from all over the world.
This is why many consider the Virgin Islands as a place to register a company.
SOME ADVANTAGES OF THE BVI
- tax rate is zero
- strong confidentiality policy
- the minimum share capital is not defined
- non-residents may register an offshore company in any area
NEW REQUIREMENTS FOR COMPANY REGISTRATION
Although the process of opening a company as such is not particularly difficult, the legislation in constantly changing. It is very important to follow the changes in the laws so as not to be fined.
Our lawyers constantly monitor the situation on the global offshore market, so with us you will definitely be aware of the latest news.
For example, one of the latest amendments puts forward more stringent requirements for beneficiaries, requiring them to provide bank statements, confirmation of registration addresses and some other personal documents.
THE BVI OFFSHORE COMPANIES’ REQUIREMENTS
- Have an office in the territory of the jurisdiction
- Appointment of a director and a shareholder is required
- The company keeps all documentation
- The purchase of real estate is prohibited
If you would like to receive more detailed information on the registration of an offshore company in the Virgin Islands, please, contact our lawyers – we will do everything for you! Offshore company in the Virgin Islands is your way to international business!
