Home Knowledge Other Jurisdictions Offshore Company Registration British Virgin Islands Summary of British Virgin Islands (bvi) Corporate Features
Summary of British Virgin Islands (bvi) Corporate Features
GENERAL INFORMATION |
|
Type of Company |
Business Company (BC) |
Political Stability |
Good |
Common or Civil Law |
Common |
Disclosure of Beneficial Owner |
No |
Migration of Domicile Permitted |
Yes |
Tax on Offshore Profits |
Nil |
Language of Name |
Latin Alphabet |
CORPORATE REQUIREMENTS |
|
Minimum Number of Shareholders |
One |
Minimum Number of Directors |
One |
Bearer Shares Allowed |
No |
Corporate Directors Permitted |
Yes |
Company Secretary Required |
No |
Standard Authorised Share Capital |
50,000 Shares |
LOCAL REQUIREMENTS |
|
Registered Office/Agent |
Yes |
Company Secretary |
No |
Local Directors |
No |
Local Meetings |
No |
Filing Register of Directors |
Yes |
Filing Register of Members |
No |
ANNUAL REQUIREMENTS |
|
Annual Return |
No |
Submit Accounts |
No |
RECURRING GOVERNMENT COSTS |
|
Minimum Annual Tax/Licence Fee |
USD450 |
Annual Return Filing Fee |
N/A |
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