BVI Company Incorporation is a suitable corporate solution for those looking to incorporate in a tax-efficient, stable environment. The information below will aid you in determining whether BVI Company Incorporation is suitable for your business aims: |
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Advantages of BVI Company Incorporation |
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| 1. | For international entrepreneurs, BVI Company Incorporation is flexibility in terms of the multiple offshore corporate solutions available. Healy Consultants can BVI company incorporation with the BVI Government. |
| 2. | BVI Company Incorporation, when properly executed is a supreme way to log international profits, tax-free. |
| 3. | To complete BVI company incorporation only one director and one shareholder is needed. They can be the same person, or corporate body and can have 100% foreign ownership. |
| 4. | There are no minimum capital requirements for BVI Company Incorporation. |
| 5. | A Resident Company Secretary is not required for BVI Company Incorporation. |
| 6. | There is no need for annual reporting, accounting or auditing with BVI Company Requirements. |
| 7. | A BVI Corporate Entity can be run from anywhere in the world with BVI Company Incorporation. |
| 8. | Healy Consultants can open corporate bank accounts around the world for a BVI Company following BVI company incorporation. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
Disadvantages of BVI Company Incorporation |
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| 1. | BVI Company Incorporation can be perceived as tax evasion. |
| 2. | The BVI has succumbed to pressure from the Organisation for Economic Cooperation and Development (OECD) and now exchanges information with them (see a related media article here). |
| 3. | A BVI Company is prohibited from trading or owning property in the BVI. |
| 4. | Activities which require licensing e.g. banking, insurance, trust management or investment advice services cannot be undertaken by a BVI Company.For more information on BVI Company regulations, kindly visit the British Virgin Islands Financial Services Commission. |
Other Information |
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Refer to the following links to read more information on BVI Company formation: |
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Contact Us |
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For more information on BVI Company Incorporation, email email@healyconsultants.com or call (+65) 6735 0120.
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