Advantages of a BVI Company

• An Offshore Business Company is a corporate vehicle having limited liability.

• Privacy and asset Protection

• Anonymity

• No disclosure of Directors, Beneficial Owners, Shareholders, Officers' details to the public.

• BVIBC is fully exempt from tax on its income

• Exemption from all local taxes and stamp duty

• Is fully exempt from inheritance or estate tax on its shares

• No restrictions on transfer of assets, or capital movement

• No exchange controls on currency

• The only government fee is the annual fee of US$350 for standard companies

• An BVIBC can have bank and brokerage accounts anywhere in the world

• Have written minutes of meeting

• Prepare or maintain books and records anywhere in the world

• Hold company meetings via telephone and other means of telecommunications

• Hold meetings of its directors or members anywhere worldwide

• Merge or consolidate with foreign entities

• Continuation to / from other jurisdictions

• Accounting books and records can be kept anywhere in the world

• Flexible structures for international businesses.

• Certificates and documents verification by Company Secretary, Director, Notary, Apostille

• An BVIBC can be managed from any place in the world

• Hold shares, debt obligations or other securities in another BVIBC or other company

• Shares may be issued as bearer or registered.

• No minimum required capital, nor no minimum share issues

• Shares may be issued in any currency or for consideration other than cash

• Minimum of one director

• Directors / Shareholders may authorize amendments on the Company's Memorandum & Articles of Association after incorporation

• Make or maintain professional contact with solicitors, barristers, accountants, bookkeepers, trust companies, administration companies, investment advisors or other similar persons carrying on business

• Hold a lease of property for use as an office from which to communicate with members

• Experienced and trustworthy industry professionals.

BVIBCs can perform all lawful corporate activities except:

• Do business with residents of that jurisdiction
  
• Provide registered office or agent facilities for incorporated companies
  
• Own an interest in real property apart from limited office leases.

Note: You should check with a lawyer, certified accountant or financial advisor in your country to confirm these legalities in your country. Each country has its own policies.

Should you have any questions or require further information please do not hesitate to Contact Us