Can a foreigner setup a company in the British Virgin Islands?
The BVI does not have any residency requirements as long as you have a local registered agent.
How long does it take to setup a BVI IBC company?
We can setup a BVI company in 48 hours after receiving your required paperwork.
What are the taxes in the BVI?
The British Virgin Islands government does not levy any income tax, no dividend tax and no tax on interest, rent or royalties.
What are the annual renewal fees?
Each BVI Company must be renewed yearly to be kept in good standing. If the BVI company has nominee directors, they will also need to be renewed every year. Our yearly renewal package includes; 1 year tell and email support, registered agent service, registered office service and all government fees.
What are the annual renewal requirements?
The annual requirements for a BVI company are minimal. There is no requirement to file annual accounts or a company annual return. There are no requirements for appointing auditors, filing annual accounts, filing financial statements and public or government reports.
What is a resident Agent?
Registered agents act as an intermediary between the BVI Registry and the IBC company. Registered agents can also provide services such as nominee directors and/or shareholders and company secretaries, company administration (such as filing certain documents and making annual fee submissions) and management (such as maintaining corporate registers); and most important a legal contact address in the BVI.
What is a nominee Director?
Nominee services are available in the British Virgin Islands and are popular with people who open up entities there.
Can you provide BVI Apostille for a certificate?
Yes, we can provide BVI Apostille and Notarization in the British Virgin Islands.
What is the BVI Economic Substance Regime?
The Economic Substance Act came into effect on 1 January 2019 and imposes economic substance requirements on companies and limited partnerships in the BVI. The regime applies to legal entities carrying on a 'relevant activity' during any applicable period, with such entities being required to comply with the economic substance requirements in respect of that activity.
What type of Official Company Certificates can be issued for a BVI Business Company?
Certificate of Good Standing
Certified copy of Certificate of Incorporation
Certified copy of Memorandum and Articles of Association
Certified copy of Certificate of Dissolution