The British Virgin Islands (BVI) is one of the fastest growing offshore investment centres in the world, and companies registered here are known as BVI companies, which are commonly found in VIE transaction structures for listing offshore or in Hong Kong.The area is an internationally renowned tax haven, and according to the laws of the island, all companies registered on the island are exempt from taxes, except for the statutory annual registration fee (which is very small). Many internationally renowned large companies have set up tax avoidance companies on the island for their tax avoidance operations and carried out complex international tax avoidance business activities. As a result, numerous multinational companies and individuals have been attracted to register BVI companies. Today, the British Virgin Islands has become one of the most popular offshore registries in the world.

BVI Company Advantage

[1] The government provides privacy protection for enterprises, and the information of directors and shareholders enjoys a high degree of privacy and absolute confidentiality

[2] The government encourages economic development and attracts foreign investment, and one person can register a limited company

[3] There are no restrictions on the scope of business and no exchange control

[4] Company names can be used in both English and Chinese

[5] Profits derived from offshore operations are not subject to profits tax without the submission of audit reports and financial statements

[6] Enhance corporate image and facilitate financing

[7] There is no upper limit on the registered capital, and there is no need to pay stamp duty;

[8] The political, economic and trade environment is stable and has good financial and legal facilities

Requirements for incorporating a BVI company

[1] One or more shareholders and directors, none of whom are subject to nationality restrictions

[2] All shareholders and directors must be over 18 years of age

[3] All shareholders must present a copy of a valid ID card or passport and proof of address

[4] Where the enterprise is a shareholder, the enterprise must submit a copy of the business license and the identity card of the legal representative

[5] The standard registered capital is USD 50,000

Time required to process a BVI company

About 1-2 weeks after receipt of the properly signed file;

Data required to register a BVI company

1. The company name to be used, preferably in Chinese and English, provide 2-3 alternative company names

2. Determine the registered capital

3. Proportion of shares or number of shares held by each shareholder (e.g. more than one shareholder)

4. Photocopy of shareholder and director's passport and address certificate

6. A brief description of the main business of the company to be incorporated

The identification and address documents of the above shareholders and directors need to be verified by our staff, notary office, lawyers, accountants or bank directors.