British Virgin Islands (BVI)
British Virgin Islands, a British colony until 1981, is situated north of Guatemala and south of Mexico in Central America. It has a fixed exchange rate at .5 the U.S. dollar and therefore many banks, hotels, and businesses use the dollar as their main form of currency. British Virgin Islands, like other former British colonies, has very liberal trade policies and tax regulations.
Why register a BVI International Business Company.
Advantages:
1.A BVI company enables you to safe taxes.
2.It will enable you to set up an offshore banking account.
3.IBC (International Business Company) can improve cross border sales.
4.Not requires annual accounting or tax returns
5.Dos not require you publish the register of shareholders and directors.
6.It can quarantine or firewall your legal risk
7.Improve confidentiality
8.Mitigate financial risk and
9.Reduce reputation risk.
Disadvantages:
1.Long standing tax haven companies have sometimes restricted use, because their reputation of being located in a tax haven.
2.International banks view offshore companies as high risk customers.
BVI Company formation service
How to get a BVI Company – Company setup procedures
While the requirements may vary, the procedures to form a company as follows:
1. You pay our service fee.
2. Then signs and returns our order form. With information on company name and corporate structure, including shareholders and directors, beneficial owners.
3. Provide us all the required due diligence documents. These are proof of address and a copy of your passport.
4. We will the email you an Order Confirmation Form. After you conformation we will,
5. proceeds to incorporate the company with the confirmed details provide by you.
6. After registering the company, we will couriers a full company kit to you, including original corporate documents.
What do you get
•British Virgin Islands IBC Certificate of Incorporation
•Memorandum and Articles of Association of BVI Company
•Share certificate issued to the bearer, nominee or registered shareholder
•Minutes of the first meeting of founders of the BVI offshore company
•Letter of appointment of first director of the British Virgin Islands IBC
•Register of shareholders
•Register of director
•Registered agent services first year for the BVI offshore company
•Registered office first year
•Common seale
•company seale and authorised signatory seal
•Express mail delivery for you new company statutory documents
•First year Government fee
Statutory Requirements
Required Shareholders: 1
Registered Agent: Required
Public Access to Records: No
Number Directors Required: 1 minimum
Public Access Required: No
Resident Director: No
Locale Meetings required: No
Required Secretaries: No
Reident Secretary: No