BVI Company Incorporation |
|
||||||||||||||||
BVI company incorporation is a suitable corporate solution for those looking to incorporate in a tax-efficient, stable environment. The following information will aid you in determining whether BVI Company incorporation is suitable for your business aims. |
|||||||||||||||||
Advantages of BVI Company Incorporation |
|||||||||||||||||
| 1. | BVI company incorporation, when properly executed is an excellent way to log international profits, tax-free. |
||||||||||||||||
| 2. | 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. |
||||||||||||||||
| 3. | 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. |
||||||||||||||||
| 4. | There are no minimum capital requirements for BVI Company Incorporation. |
||||||||||||||||
| 5. | There is no need for annual reporting, accounting or auditing with BVI company requirements. |
||||||||||||||||
| 6. | A Resident Company Secretary is not required for BVI Company Incorporation. |
||||||||||||||||
| 7. | As a result of complying with various OECD guidelines, and the signing of 16 TIEAs –tax information exchange agreements- BVI was recently added to the OECD white list, which may potentially reduce perceptions of BVI as a tax haven. |
||||||||||||||||
| 8. | A BVI Corporate Entity can be run from anywhere in the world with BVI Company Incorporation. |
||||||||||||||||
| 9. | 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 |
|||||||||||||||||
| 1. | BVI company incorporation can be perceived as tax evasion. |
||||||||||||||||
| 2. | Activities which require licensing (e.g. banking, insurance, trust management or investment advice services) cannot be undertaken by a BVI Company. For a comprehensive list of these activities and necessary license according to BVI Company regulations, visit the British Virgin Islands Financial Services Commission. |
||||||||||||||||
| 3. | 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). |
||||||||||||||||
Other Information |
|||||||||||||||||
Refer to the following links to read more information on BVI Company formation: |
|||||||||||||||||
Contact Us |
|||||||||||||||||
For further information on BVI company incorporation, contact email@healyconsultants.com or telephone us in Singapore (+65) 6735 0120.
|
|||||||||||||||||
Back to BVI Company Formation page. |
|||||||||||||||||
Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
