Company registration on BVI (British Virgin Islands)
One of the most excellent business infrastructure with legal system largely based on English law makes the island a very convenient and effective business base.
The BVI Business Companies Act came into affect on the 1 of the January of 2005, and replaced both the International Business Companies Act 1984 and the Companies Act (became known as Cap. 285). This Act has been designed with the interests of both local and offshore users in mind. It has sufficient inbuilt flexibility to enable the different requirements of both local and offshore users to be catered for.
In recent years the British Virgin Islands has become a significant international finance centre. The government seeks to maintain and enhance the Territory's reputation in international finance through a policy of ongoing consultation and active support of the offshore industry.
The legal company Concept сonsulting LTD offers you to register or buy a ready-made company on BVI.
The price of company registered on BVI is 1300 USD (Standard package). Annual renewal is 890 USD. Please check: prices of company’s registration.
Advantages of company incorporation on BVI
Among the offshore service providers, the British Virgin Islands is considered one of the oldest and the well respected. It has set its own standards and best features that other regions try to replicate. The British Virgin Islands registers an average of 5000 new company registrations every month and now has more than 600,000 total incorporations.
Some of the more significant features and advantages of a BVI company making it successful are:
- Confidentiality;
- It is permitted to issue register or bearer shares;
- It is not required to prepare financial statements or to appoint auditors;
- The register of directors and register of shareholders must be kept in the registration office;
- It is required only one director who can be personal or legal entity;
- It need not hold shareholder's or director's meetings in the British Virgin Islands;
- Minimum issued and paid-in capital can be one fully paid share;
- It requires a minimum of only one founder, one shareholder, and one director, all of them can be one person.
To purchase a company on BVI, follow the steps:
- Learn more information about our price for company formation on BVI;
- Complete our online-form for making order;
- Or send your request to this email: info@conceptconsult.ru
Please be advised that you could also ask your question with this online-form, and then our specialists of corporate and tax law will answer you soon. Online-consultation service is free of charge. |
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