British Virgin Islands company (BVI)
- Your Company in BVI in 2-3 days.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
General information
The BVI is a British Crown Colony and has approximately 40 islands.
They are situated in the Caribbean about 60 miles east of Puerto Rico. The principal island of the archipelago is Tortola, whose capital city is Road Town.
Under the 1976 constitution, the BVI are independent from the UK, except with regards to its external affairs, defence, internal security, civil services and court administration for which the UK has kept the responsibility.
The BVI are an internationally recognised offshore centre and also one of the oldest. Many other offshore jurisdictions based themselves on the BVI's laws before developing their own corporate laws. Company formation in the BVI takes 2-3 days.
BVI company main characteristics:
| Company type | Business Company (BC) |
| Governing corporate legislation | The BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004. |
| Information published relating to company officers | There is no public register of company officers. |
| Confidentiality | The BVI offers a high level of anonymity and privacy. No officer name is disclosed to the registrar upon company registration. |
| Accounting requirement | No accounting / reporting requirements. N.B. As per Section 98 of the Business Companies Act 2004 (Amended) a company must keep such records and underlying documentation as necessary to establish its financial situation and explain its transactions |
| Taxation | No taxes of any sort. |
| Legislation | Modern offshore legislation. |
| Standard currency | US$ |
| Time to form | The BVI has a fast and efficient registry: it takes about 48 hours to register a company. |
| Stability | Stable jurisdiction with a very good reputation. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT-4 |
| Secretary required | No |
| Paid up capital requirement | No paid up capital requirement. |
| Basis of legal system | Under Common Law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder |
| Bearer shares | Bearer shares are not permitted. |
European company
European corporate identity gives you access to a huge market and to a wide range of suppliers. Enjoy prestige of the EU company and the opportunity to buy and sell within EU with 0% VAT.
Offshore company
Having an offshore company can help you save money. Offshore companies typically pay lower taxes. Paying lower taxes means that you can reinvest the company's earnings.
Leave the paperwork to us and get the bank account opened within a month. With LinkedEurope the bank account opening will be smooth and painless.