British Virgin Islands Company Formation
- Register your Company in BVI in 2-3 days (upon validation of your identification documents). *
- Client confidentiality protection via secured systems.
- Your company and its application for a bank account, including eBanking and credit card. Opening by correspondence.
- A dedicated manager is available throughout the year to administer your company.
Are you considering the British Virgin Islands for your company formation? This jurisdiction offers various benefits to entrepreneurs looking to operate from a booming business hub with a stable economy and grants sizeable perks to offshore companies. Our experts are here to help with every step of your company registration in the BVI.
5 simple steps are needed to incorporate your company in the BVI
British Virgin Islands Offshore Company Formation
Main Characteristics of a BVI Offshore Company
N.B. As per Section 98 of the Business Companies Act 2004 (Amended) a company must keep such records and underlying documentation as necessary to establish its financial situation and explain its transactions
While the company may not be liable to pay taxes, please consult with a tax/legal advisor in your country of residence, to determine your own tax liability.
Certification of a passport can be made by a notary, an attorney-at-law, a bank, a public officer, or in accordance with SFM indications. Kindly consult your dedicated account manager at SFM to obtain precise information.
of your passport (specific wording required), a certified copy of proof of domicile dated less than three months (specific wording required), a curriculum vitae, an original bank reference letter dated less than three months, as well as last 3 months' bank statement. All in original.**
British Virgin Islands Offshore Company, ideal for:
British Virgin Islands Offshore Jurisdiction News
BVI's New FATCA and CRS Reporting Requirements
SFM's Perspective on BVI's New Annual Financial Return Filing Requirements
Significant Amendments to the BVI Business Companies Act
** Documents must be provided for every person related to the company.
Disclaimer: Nothing on this webpage shall be construed as a contractual commitment or as a warranty. Services conditions are governed by the applicable terms and conditions.
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Fast and reliable service. Account manager was responding fast and always to the spot.
Mrs. Madina is great. REally helpful
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It was really a professional service
Brilliant assistance, always swift and professional replies, generally speaking... happy with SFM
I was particularly well received by Christelle, the Managing Partner of the Dubai branch. SFM demonstrated great agility in their quotation process, which was crucial as I was leading a nascent structure in Dubai. The support provided during the administrative procedures for establishing my company in the UAE, along with the responsiveness of the service—especially from one of their team members, Oksana—truly reassured me and gave me confidence during a stressful period of establishing a professional presence abroad. I highly recommend SFM to any professional looking to set up in the UAE or even just to benefit from their advice.
Why Choose the British Virgin Islands for Your Company Formation?
Located in the Caribbean, the British Virgin Islands (BVI) is one of the most popular jurisdictions for businesses looking to register an offshore company. Opting for a BVI company setup offers a straightforward incorporation process, tax advantages, a common law regulatory environment, and other practical business benefits, making the British Virgin Islands for your company formation the optimal choice and can significantly contribute to the growth and success of your enterprise.
Tax Benefits
The British Virgin Islands are known for their favourable taxation structure. The government has adopted a 0% tax rate on business taxes paid by offshore firms, exempting such businesses from corporation and capital gains tax, and withholding taxes on interest, profits, or royalties. Individual income tax does not apply either, though you should always make sure to consult with a tax/legal advisor in your country of residence to determine your own tax liability.
Easy Setup
The British Virgin Islands company formation procedure benefits from the country’s solid legal structure and business friendliness. No minimum capital is required, a single shareholder and director are enough to form a company, and there are no residence conditions. From the very first steps all the way to opening a bank account in the BVI for your business, SFM provides a comprehensive range of services to help you get set up quickly, easily, and in compliance with the local guidelines.
Minimal Requirements to Keep Your Business Running
Many business owners favour the BVI for their company formation because of the very low maintenance needs. Organisations are not required to file periodic tax reports or financial statements, hold meetings, or even have a company secretary.
A Politically Stable Jurisdiction
Opting for the British Virgin Islands for your company formation ensures you can run your business confidently, knowing that the country has a politically stable environment supported by a strong judicial system (under common law) and a democratic administration.
What Business Structures Can You Set Up in the BVI?
The BVI offers a wide range of corporate structures, granting optimal flexibility for your offshore company formation. You can choose between companies limited by guarantees, companies limited by shares, and hybrid structures designed to match more specific requirements.
Trading companies thrive in the BVI, as there is no foreign control regarding import and export. High-tech companies find the jurisdiction to be a suitable environment where sensitive technical and commercial information is well protected. The BVI also offers good asset protection, which is ideal for investment companies.
How to Register a Business in the BVI?
Choosing a reputable corporate service provider – such as SFM – is the best place to start. We’re here to provide the widest choice of jurisdictions for your offshore company formation, from USA company registration to the UAE and, of course, British Virgin Islands business setups.
While registering your order online on our website, you’ll need to select a suitable name for your new company (it should be unique and must not contain the words “care”, “credit”, “bank”, “insurance”, or “fund”).
Next, it’s time to prepare and file your incorporation documents, including the application forms, the Memorandum of Association, and the Articles of Association. And the final step is to open a bank account for your company. With the help of your SFM expert, the entire process is hassle-free.
