1 What are the key features of a BVI Offshore Company?

Privacy - The names of director(s) and shareholders do not apear on any public document

Tax exempt - BVI Offshore companies are exempt from all local taxes

The company needs only one director and one shareholder

There is no requirement for resident directors or shareholders

There is no minimum capital requirement

The company does not need to keep accounts

The names of directors and shareholders are not held on public record

There is no requirement for directors or shareholders to attend meetings in the BVI 

2.Do I have to visit the BVI to get an IBC?

No, we provide a professional service to you and act as your agent to form your IBC. You answer a few uncomplicated questions on-line.

3.How do I guarantee my confidentiality in the BVI?

The names of the shareholders do not appear in the incorporation documents or any public register in the BVI. To further secure your privacy, we offer Nominee Shareholder and Director Services.

4.Can I get an offshore shelf Company in the BVI?

Yes you can. We have a list of Offshore Companies which have never been used. Let us know what your interests are and we can supply a shelf or vintage Company immediately. The price for these companies is higher because government fees and other maintenance fees have been paid to keep them current.

5.What is an Offshore Advantages in the BVI?

Advantages of Offshore Company Formation in BVI:

BVI offshore company formation is affordable and prompt

Income derived outside of BVI is not taxed

Government does not control BVI corporation activities

BVI corporation can be managed from any place of the world

Bearer shares may be issued at owner's option

No paid - in capital required to incorporate offshore IBC in BVI

No limitation on companies lawful activities

Politically stable

Excellent communications

Shelf companies available

Reserved company names available

Fast incorporation service

No exchange control

No disclosures necessary

Legal system based on UK common law

No requirement to show registered office on letterheads

IBC's not subject to taxation if no activity in the BVI

6.Can I get a bank account with my BVI IBC?

Yes and we can assist you. If you choose the option to get a bank account with your IBC, we can arrange it. The process is simple for you. We include the bank application forms and signature cards with your incorporation documents. You fill these out along with the required references, depending on which bank you may choose. The banks which we offer provide on-line service and debit cards for your convenience.We can also arrange for a bank account in the BVI but recommend that you choose another jurisdiction which will further preserve your privacy.

7.What types of companies in the BVI?

BVI Ordinary Resident company

BVI Ordinary Non-Resident company

BVI Company Limited by guarantee

BVI Hybrid company ('cap 285')

BVI Public company

BVI International Business Company

BVI Limited Partnership

BVI Trusts

8 Can the director be a corporation?
Yes corporate directors are allowed

9 Can nominee directors be used?
Nominee directors are allowed.

10 Is a resident director required?
There is no requirement to appoint a local director

11 What are the miminimum number of shareholders?
Only one shareholder is required. This can be the same person as the director

12 Can the shareholder be a corporation?
Yes corporate shareholders are allowed

13 Can nominee shareholders be used?
Nominee shareholders are allowed.

14 Is a resident shareholder required?
There is no requirement to appoint a local shareholder

15Is a company secretary required?
There is no requirement for a company secretary

16 What is the standard share capital?
The standard share capital is $50,000 USD

17 Can the share capital be issued in other currencies?
Yes

18 How much of the share capital must be issued and paid up?
One share

19 Does the company have to mantain books and records in the BVI?
The company does not have to keep records in the BVI. If the company chooses to keep records they can be kept anywhere in the World.

20 Does the company have to file accounts or a financial statement?
There is no requirement to file accounts or a financial statement

21 Is the company taxed on profit?
A BVI Offshore company is exempted from all taxes

22 Is it actually legal to use an offshore company?

Yes. Certainly,