BVI company formation allows international entrepreneurs to conduct international business while legitimately minimising international taxation. The following information will help you determine whether BVI company formation is the optimum corporate structure to fulfill your international business objectives:

1.

BVI company formation is an excellent way for entrepreneurs to legitimately book tax-exempt international profits.

2.

BVI company formation is one of the most flexible offshore corporate structures available to international business people.

A minimum of one director and one shareholder is required for BVI company formation. Corporate shareholders are permitted, and shareholders and directors can be of any nationality.

4.

BVI company formation is cost-effective and simple. There are no minimum capital requirements for BVI company formation.

5.

Following BVI company formation, there are minimal maintenance requirements. A BVI company is not required to submit annual financial statements or tax returns to BVI authorities.

6.

Healy Consultants can open corporate bank accounts around the world to support BVI company formation. Healy Consultants works with internationally-recognised banks such as HSBC, Standard Chartered and Citibank.

1.

The BVI is succumbing to pressure from the Organisation for Economic Cooperation and Development (OECD) and now exchanges information with them.

Following BVI company formation, the entity is not permitted to trade or own property in the BVI.

3.

Certain activities to be undertaken by a BVI company require a license e.g. banking, insurance, trust management or investment advice services. For more information on BVI Company regulations, kindly visit the British Virgin Islands Financial Services Commission.

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