{"id":1619,"date":"2020-08-16T04:47:59","date_gmt":"2020-08-16T04:47:59","guid":{"rendered":"https:\/\/acrabiz.com\/offshore\/?page_id=1619"},"modified":"2020-08-24T06:07:23","modified_gmt":"2020-08-24T06:07:23","slug":"british-virgin-islands","status":"publish","type":"page","link":"https:\/\/acrabiz.com\/offshore\/british-virgin-islands\/","title":{"rendered":"British Virgin Islands"},"content":{"rendered":"\t\t
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1<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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0% corporate tax<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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The British Virgin Islands have adopted a zero-rated income tax regime for all corporate entities.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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2<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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The biggest offshore\nfinancial hub<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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There are over 500,000 foreign businesses incorporated in the BVI.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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3<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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100% foreign\nownership allowed<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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Any individual or overseas corporate body may incorporate a BVI company.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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4<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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No minimum capitalisation\nrequirements<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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There is no minimum paid-capital requirements.<\/p><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t

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5<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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No foreign\nexchange control<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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There is no currency control or regulation.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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\n

Benefits of incorporation in
the British Virgin Islands<\/span><\/h2><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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<\/h2>

How much would it cost <\/span>to own a BVI company?<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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US$1400<\/h2>

For companies that issue less than 50,000 shares<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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What's included in the package<\/h5>

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  • Reserving your company name<\/li>\n \t
  • Governmental incorporation fees (US$460)<\/li>\n \t
  • Registered Office (US$250)<\/li>\n \t
  • Registered Agent (US$250)<\/li>\n \t
  • Appointment of the first director<\/li>\n \t
  • Certificate of Guarantee<\/li>\n \t
  • Certificate of Incorporation (COI)<\/li>\n \t
  • Entity information form<\/li>\n \t
  • Shareholder certificate<\/li>\n \t
  • Register of Directors<\/li>\n \t
  • Register of Members<\/li>\n \t
  • Register of Transfer<\/li>\n \t
  • Application for Shares<\/li>\n \t
  • Company Constitution<\/li>\n \t
  • Company stamp and seal<\/li>\n<\/ul><\/p><\/div><\/section><\/div><\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    US$3000<\/h2>

    For companies that issue more than 50,000 shares<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    What's included in the package<\/h5>

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  • Reserving your company name<\/li>\n \t
  • Governmental incorporation fees (US$1200)<\/li>\n \t
  • Registered Office (US$250)<\/li>\n \t
  • Registered Agent (US$250)<\/li>\n \t
  • Appointment of the first director<\/li>\n \t
  • Certificate of Guarantee<\/li>\n \t
  • Certificate of Incorporation (COI)<\/li>\n \t
  • Entity information form<\/li>\n \t
  • Shareholder certificate<\/li>\n \t
  • Register of Directors<\/li>\n \t
  • Register of Members<\/li>\n \t
  • Register of Transfer<\/li>\n \t
  • Application for Shares<\/li>\n \t
  • Company Constitution<\/li>\n \t
  • Company stamp and seal<\/li>\n<\/ul><\/p><\/div><\/section><\/div><\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    <\/h2>

    What are the documents <\/span>required?<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    \n\t\t\t\t\t\t\t\t\t\t\"\"\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    The Passport of every\nshareholder\/beneficial\nowner and director.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    The ID of every shareholder\/\nbeneficial owner and director.<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    Proof of residential address of every director and shareholder\/beneficial owner.<\/br>\nmust be in English or a certified\ntranslation to English<\/span><\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    <\/h2>

    What is the <\/span>incorporation process?<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    1<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    Background check<\/h2>
    Send your passport copy to our agent. We will run a preliminary background check.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    2<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t
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    Document submission<\/h2>
    Log in to our system, upload the documents required and fill in the forms online.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Payment<\/h2>
    Make payment. We accept major payment method include Cryptocurrencies.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Incorporation<\/h2>
    Once the application is approved, all soft copies of your company documents will be stored in the platform, hard copies will be couriered to you by air upon request.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Open bank account<\/h2>

    We partner with a few banks based in Singapore to secure you a corporate account.<\/p><\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t

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    <\/h2>

    Additional services <\/span>you may need<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Bank Account Opening<\/span>US$1400<\/span><\/h3>
    A BVI company is eligible to open a corporate account in a few selected banks. We know how to do it.\nFind Out More<\/a><\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    BVI Certificate of Incumbency<\/span>US$200<\/span><\/h3>
    Certificate of Incumbency is to certify your company shareholder and director details, company is in good standing status and not prevented from opening and operating a bank account overseas. It is an essential document if you plan to open a corporate account.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Annual Renewal Fee<\/span><\/h3>
    Company authorised to issue up to 50,000 shares US$1400<\/span>\n\nCompany authorised to issue more than 50,000 shares US$3000<\/span>\n\nAs a registered agent, we will keep track and pay the renewal fee in time, so that your company doesn\u2019t get penalised or suspended.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Accounting Services<\/span><\/h3>
    We help you do the monthly accounting and prepare your financial reports. Plan starts from US$100 per month<\/span>. Refer to our Accounting services<\/a>.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Register a Chinese company name <\/span>US$150<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Mailing Address<\/span>US$200 per annum<\/span><\/h3>
    Need a business address to receive your letters and other documents? We will scan your letters on a daily basis or\nredirect mails and documents to your place.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t
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    Nominee director\/shareholder <\/span>US$1000<\/span><\/h3>
    There is no publicly accessible record in the British Virgin Islands. However, you can choose the nominee service to\nhave an extra layer of protection.<\/div><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    Q&A<\/span><\/h3><\/div>\n <\/section>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t
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    \r\n\r\n \r\n\r\n\t\t\t\t\t\t\t\t \r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t\t\t\t<\/span>\r\n \r\n \r\n\t\t\t\t\t\t\t\t\t\t\r\n\t\t\t\t\t\t\t\t\t<\/i>\t\t\t\t\t\t\t\t\t<\/span>\r\n \r\n\t\t\t\t\t\t\t<\/span>\r\n What are the British Virgin Islands?\r\n <\/div>\r\n
    \r\n The British Virgin Islands (BVI) is a British overseas territory in the Caribbean. It is the leading offshore financial centre with over 500,000 offshore companies incorporated since 1984. The current population of the British Virgin Islands is approximately 30,000 as of June 2020, based on the latest United Nations estimates. The principal settlement is also its capital, Road Town. The language spoken is English. The official currency of the British Virgin Islands is the US Dollar. <\/div>\r\n <\/div>\r\n
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