OverviewThe British Virgin Islands are located 60 miles east of Puerto Rico,Close to the U.S. Virgin Islands,Belongs to subtropical climate,The capital is TORTOLA,Developed roads。The British Virgin Islands consists of 50 islands,Covers 59 square miles,About 15 islands are inhabited。The largest of these covers 21 square miles、TORTOLA, population 19,000。
The British Virgin Islands is a self-administered、Legislated by an independent legislative assembly、politically stable british colony,It has become an important center for the development of overseas business activities。The island's two pillar industries are tourism and overseas offshore company registration.。The presence of many of the world's largest banks and advanced communications and transportation facilities make the British Virgin Islands an ideal overseas offshore financial center.。
at present,More than 250,000 overseas offshore companies have been registered in the British Virgin Islands,This has made the British Virgin Islands one of the fastest growing overseas offshore investment centers in the world。The use of U.S. dollars has become legal in the British Virgin Islands,The official local language is English。
in the british virgin islands(BVI)Registering an overseas offshore company
Advantages
•BVI company business operations are convenient,The tax system is reasonable • BVI companies are completely confidential • BVI companies do not need to declare beneficiaries • BVI companies do not need to declare annual profits and financial status • BVI companies do not need to hold shareholders’ meetings or boards of directors on schedule every year • BVI companies tax:Overseas offshore BVI companies are exempted from all local taxes and stamp duties. BVI company property protection:Maximize property protection,Convenient fund transfer·BVI company confidentiality:不
Require
Overseas offshore BVI companies disclose financial status or direct information about shareholders and directors of registered BVI companies •BVI company flexibility:Shares of overseas offshore BVI companies can be freely traded. Registered overseas offshore BVI companies in the British Virgin Islands
Require
•BVI company structure:Only one applicant can establish an overseas offshore BVI company,The company name must end with”Co. ending”,like:LIMITED、CORPORATION、INCORPORATED or their abbreviations,like:LTD、CORP or S.A.。
The company name cannot start with”trust company”or”bank”or other word endings thought to have similar meanings,Unless these companies obtain appropriate licenses in the British Virgin Islands。•BVI company registered capital:Standard funding is USD 50,000,Divided into 50,000 shares,USD 1 per share。•BVI Company Director:one or more directors,Can be a legal entity or a natural person of any nationality。
•Secretary of the BVI Company Board of Directors:Although it is not compulsory to appoint a secretary,But the BVI government recommends that。•BVI company board meeting:Directors may hold meetings in any country,or attend such meetings through a proxy。•BVI company equity:Directors or senior management personnel of the company may not be shareholders of the company。
•BVI company registered address:The registered address must be in the British Virgin Islands • BVI company seal:BVI companies must have their own company seal,And the company seal format needs to be reported to the Companies Registration Office and BVI company taxation:Exemption from tax on any business activities and commercial activities conducted outside the British Virgin Islands。
Complete set of BVI company information • BVI company registration certificate • BVI company articles of association • BVI company stock • BVI company director and shareholder list • BVI company statutory meeting minutes • BVI company signature seal • BVI company steel seal BVI company service rules • Our company provides BVI company registration guarantee • Our company provides BVI company registered address • It takes about 14 working days to complete the full set of company registration procedures Annual license from the BVI government
cost
pay
Things to note
BVI companies formed in the first half of the year (January to June):-BVI company license year
cost
Due from January 1st to May 31st;-6Payment is due from July 1st to July 31st,Pay 10% additional penalty;-8Payment is due from October 1st to October 31st,Pay 50% additional penalty;-From November 1st,Delete company records from BVI registry;BVI companies formed in the second half of the year (July to December):-BVI company license year
cost
Due from July 1st to November 30th;-12Pay from January 1st to January 31st,Pay 10% additional penalty;-2Pay from 1st to 30th April,Pay 50% additional penalty;-From May 1st,Delete company records from BVI registry;Registering an overseas British BVI offshore company
Advantages
:Overseas companies often refer to Bermuda as、cayman islands、Virgin Islands BVI、Bahamas、Panama、Niue Island, etc. are the places of registration.。
The biggest advantage is that offshore companies can enjoy extremely low taxes、Even tax-free,It is helpful for enterprises to make various financial arrangements;also,Offshore companies can also have a high degree of confidentiality and less foreign exchange controls。Since most investments in these countries or regions are exempt from profits tax,Therefore, it is generally engaged in holding、finance、Insurance and overseas fund companies,will choose to register offshore companies in such tax havens。
and through specific trust arrangements,Trust companies can also avoid paying inheritance tax。Hong Kong Ruicheng Accounting Firm provides offshore company registration and bank account opening services in the above areas! Kind tips:Registering an overseas company is a rigorous and complicated matter,Choose a professionally qualified agency to handle the matter,So that your company can have reliable legal rights guarantee during the development process!
For more information on registering an overseas company,Please contact our professional consultants,Shenzhen Gangxintong-Business will provide you with free consulting services。If you have any questions or suggestions,Welcome to call us at any time。Consultation hotline:fax:
About Hong Kong Xintong
Hong Kong Xintong focuses onHong Kong Securities and Futures Commission license、Hong Kong Insurance Broker License、Hong Kong MSO Licenseandmoneylenders licenseApply for service,Assist customers to applyUS MSB license、NFA、RIA、Canadian MSB license、Mainstream overseas financial licenses such as Australia and Mexico,Support enterprises to achieve compliance expansion of cross-border financial business。Also availableCayman Islands Offshore Company Registration、Offshore fund establishment and global compliance operations and other services,Help enterprises expand their presence in international markets。Provide one-stop compliance solutions for enterprises。To learn more,Please contactHong Kong Information Communications Consultant。

