USES OF BRITISH VIRGIN ISLANDS BUSINESS COMPANIES |
GENERAL INFORMATION |
- International Trade (including Belize)
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- Only one director and shareholder necessary
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- Carry on transactions in any currency
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- The sole member or director can appoint a reserve director to act in his place in the event of his death
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- Can own personal properties, apartments, houses and other real estate
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- An unlimited number of shares
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- Set up bank accounts, fixed deposits, investment plans and any other financial or commercial title
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- The register of directors/officers is mandatory which must be kept at the registered office.
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- Can own or have shares in corporations or legal entities
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- Corporate seal is mandatory
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- Can lend or borrow money in accordance with the law
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- Can be used in the marketing and promotion of products and services
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- It can manage and promote international business transactions
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ADVANTAGES OF A BVI BUSINESS COMPANY |
DOCUMENTS REQUIRED |
- Shareholders, Directors and Officers may be of any Nationality or Country
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- Proposed Name of Company and two Alternatives ending with “Ltd.”, “Limited”, “Corp.”, “Inc.”, etc.
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- No requirement to hold annual general meetings
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For Resident Agent Only |
- Not required to file annual returns or financial statements
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- Copy of Passport (Notarized) or Copy of Driving Permit (Notarized)
- Name and Address with contact telephone numbers of all shareholders, directors and officers
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- Bearer Shares allowed (but original is to be kept with Registered Agent; therefore you may prefer Registered Shares)- One or more persons can form Business Companies
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- Conduct its business in any country outside the British Virgin Islands (fully exempted from taxation)
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- May hold meetings in any country
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FEES (See application form)
The cost of establishing British Virgin Islands Business Companies is US $1,250.00 which includes the Certificate of Incorporation, Memorandum & Articles of Association, four Registered Share Certificates and the Share Register. The Resident Agent and Registered Office Services are provided free up to the end of the year of incorporation.
Annual Fee of US $750.00 is due at the beginning of each year which covers the cost the Resident Agent, Registered Office Services and the Annual License Fee.
All Companies should have a rubber seal and the seal will be kept at the Registered Agent of the company.
An additional courier fee of US $75.00 is charged for packages to North America and US $100.00 anywhere else.
BUSINESS COMPANIES DOCUMENTATION you will receive
- Certificate of Incorporation
- Memorandum & Articles of Association
- Share Certificates
- Share Register
We offer Companies from Belize, Bahamas, British Anguilla, Hong Kong, Nevada, Panama, Samoa and Seychelles.
Note: International Services Ltd. and its affiliates will not provide any services to any person or organization seeking to engage in money laundering or unlawful activities.
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