BRITISH VIRGIN ISLANDS ("BVI")
is a group of islands & islets located in Caribbean.
A standard International Business Company ("IBC")
is incorporated with an authorised capital of USD50,000.00
IBC cannot carry out business with local BVI residents
or other restricted businesses like insurance, trust
etc.. BVI is the world leader in offshore company formations
with over 500,000 companies so far. [
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backgrounds of British Virgin Islands (BVI)]
Tailor-made a BVI company lets you:-
- No tax on offshore company operating IBC
- Privacy of Shareholders &/or Directors names
- No local Directors, local meetings or annual
returns
- Bearer shares are permitted (at extra costs)
- May have a single shareholder
- May register the name in Chinese - Save in the
cost of translation
- Widely accepted in the Mainland
- No requirement to hold an AGM
- No requirement for audited financial statements.
- May incorporate with Chinese company name (Add
Surchage HK$1,000)
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TailorMade Prices (with
Authorised capital upto US$50,000) |
HK$9,300 |
- First year BVI Government License fee
and Registered Agent fee is included. But
mailing & IDD, if applicable, are not
included above (Government fee is subject
to change as announced)
- Overseas customers please add HK$600
for Incorporation Speedpost charges &
HK$300 for T/T bank charges.
- For BVI companies with Chinese Name, please
add HK$1,000.
- Client who wish to incorporate BVI company
with authorised share capital more than
US$50,000, please add HK$5,460 additional
government licence fee
- Above plans include certificate of incorporation
(government incorporation fee included),
printing of memorandum of articles and association,
share certificate, registers of officers
and company chop.
- Formation services include the preparation
of documents for the appointment of 1-3
director(s) & registering 1-3 shareholder(s),
prepare first meeting etc. If there are
more than 3 directors/shareholders, we may
charge for the extras.
- Formation minimum requirements:
The company can have 1 director and 1 shareholder.
Bearer shareholder is permitted (at extra
costs), but some banks may not accept bearer
shareholder to open corporate bank account.
- Annual Maintenance Fee (as from
2nd year, auth. capital <=USD50k):
Annual maintenance fee of HK$6,340 (subject
to change as announced) is due on May and
November each year (Companies incorporated
in first 6 months the year before are due
in May each year and those in lower 6 months
the year before are due in November) The
fee includes Annual Government Fee, Registered
Agent Fee & Registered Office of respective
jurisdiction.
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