The British Virgin Islands (BVI) Company Formation

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The British Virgin Islands (BVI) Company Formation

The BVI International Business Company (IBC)

Brief Overview:

As an offshore financial center, the British Virgin Islands enjoys one of the prosperous economies driven by financial services sector.

Key features:

  • Tax – tax exempt as long as the profits of the company’s operations take place outside of BVI
  • Confidentiality – Information regarding the directors, shareholders and beneficial owners of the company is not available to the public and not part of any public record in BVI.
  • Shareholders – minimum number of shareholders is one corporate/individual
  • Directors – minimum one director corporate/individual with no nationality restrictions
  • Financial Statements – no requirement to file an annual tax return or financial statements