Company Formation in the BVI |
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Company formation in the BVI is a tax-efficient corporate solution for international businesses. The following information will help you in determining whether company formation in the BVI is the optimum solution to meet your objectives: |
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Advantages of Company Formation in the BVI |
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1. |
Company formation in the BVI, when properly executed is a supreme way to log international profits, tax-free. For more information on the BVI investment environment, kindly visit the BVI Government Website on Investment Opportunities. |
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2. |
For international entrepreneurs, company formation in the BVI due to its flexibility in terms of the offshore corporate solutions available. |
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3. |
To complete BVI company registration only one director and one shareholder are needed. They can be the same person, or corporate body and can be 100% foreign. |
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4. |
There are no minimum capital requirements for company formation in the BVI. |
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5. |
There is no need for annual reporting, auditing or accounting with BVI company requirements. |
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6. |
A BVI corporate entity can be run from anywhere in the world with company formation in the BVI. |
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7. |
A resident company secretary is not required for company formation in the BVI. |
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8. |
Healy Consultants can open corporate bank accounts around the world for a BVI company following company formation in the BVI. Healy Consultants works with internationally recognised banks such as HSBC, Standard Chartered and Citibank to provide corporate bank account services. |
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Disadvantages of Company Formation in the BVI |
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1. |
The BVI is succumbing to pressure from the Organisation for Economic Cooperation and Development (OECD) and now exchanges information with them. |
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2. |
Company formation in the BVI can be perceived as tax evasion. |
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| 3. | A BVI company is prohibited from trading or owning property in the BVI. |
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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. |
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Contact Us |
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For more information on company formation in the BVI, email email@healyconsultants.com or call (+65) 6735 0120.
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Back to BVI Company Formation page. |
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Buy Healy Consultants' Asia Business Set Up book, to order call +65 6735 0120 or e-mail email@healyconsultants.com
