British Virgin Islands: Ltd.

Why is it beneficial for a company to incorporate in the British Virgin Islands?

The British Virgin Islands are famous not only for their picturesque scenery. This Caribbean archipelago is also a very popular destination for the establishment of offshore companies. Being a British Overseas Territory, the BVI combines the political safety of the UK with the stability of American currency. English is the official language, which makes navigating the bureaucracy significantly easier. There are multiple benefits to incorporating in the BVI, such as:

Steady economy:
BVI’s economy is predominantly driven by tourism and finance. The latter sector has been developed by the continuously growing number of offshore companies incorporated in the BVI.

Uncomplicated legal system:
The British Virgin Islands allow for a quick incorporation process with no minimum capital required. The legislation creates a fostering environment for businesses and professionals so you can enjoy plenty of flexibility and independence. For example, you can be your company’s sole shareholder and director, and are not obliged to consult with another direct or even hire a secretary.

Developed infrastructure:
Apart from the fact that you can communicate in English and operate using American dollars, British Virgin Island’s developed infrastructure is a further enhancement. BVI’s infrastructure includes 113 kilometers of highway, a harbor, and multiple airports.

What type of companies can be formed in the British Virgin Islands?

Many foreigners choose to incorporate companies with limited liability in the British Virgin Islands. What makes this option so attractive?

  • You only need one shareholder who can also be the sole director of the company.
  • The share capital is up to you since there is no minimum required.
  • The incorporation process is very efficient – you can have your company up and running in 3 to 5 business days.
  • Shareholders’ liability is defined by their respective number of shares

Disclaimer:
The information provided on this website was inspected carefully and are updated regularly however, we do not assume any liability as to correctness, up-to-dateness and completeness of the contents.

Pricing

Ltd. Corporation Basic

Cost

1995 €

Description

Incorporation of BC
Digital Certificate of Incorporation
Digital copy of Memorandum and Articles
Digital share certificate
Min Share capital 1 USD
Bank introduction
1 director included
2 shareholder included
Average 5 days turnaround

Available Add-ons

Additional director

90,00 €

Any additional Director

Additional shareholder

90,00 €

Any additional shareholder, above the included 2 shareholder

Company Secretary

399,00 €
per year
optional

Company Secretary
Annual Confirmation Statement Fee
Annual Confirmation Statement Filing
Maintain companies statuatory register
Update records held by company house
Ensuring company compliance with legal obligations

Government Licence Fee

450,00 €
per year

Up to 50.000 shares
Above 50.000 shares is 1200 EUR

Corporate Director

350,00 €
one time fee

Nominee shareholder

300,00 €
per year

1 nominee shareholder
3rd person acting as a sharholder on your behalf
Privacy of your name in public registers

Coprorate Seal

50,00 €
plus shipping costs

Corporate Seal

Registered Office Address

999,00 €
per month

Registered Address for your company in BVI

* The notary fees and the costs for entry in the commercial register (Handelsregister) are not included in the price and will be charged separately.
All prices excluded VAT


Benefits of ClevverCompany:

  • You can start your business in nearly every country in the most convenient way
  • Fast and fully digital incorporation process
  • Lawyer approved process and local legal teams on site
  • Meeting all legal requirements

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