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British Virgin Islands - Offshore Jurisdiction

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. [MORE 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)

TailorMade Prices (with Authorised capital upto US$50,000)
  • 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.

Other Value Added Services:-
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Our aim is to provide a comprehensive service to our clients in offshore operations. If you find above helpful, please free to contact us.

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