Fees and timelines in 2023
Fees
Incorporation costs in Year 1 amount to US$5,850 and annual company costs in Year 2 and thereafter amount to US$750. The average fee per BVI engagement amounts to US$16,842 which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.
Different BVI entity types | Cost | Draft invoice |
---|---|---|
IBC | US$16,842 | View invoice PDF |
Limited partnership | US$10,850 | View invoice PDF |
Resident company | US$17,230 | View invoice PDF |
Trust | US$15,650 | View invoice PDF |
Click here to create your own BVI invoice
Timelines
The average BVI company registration period is 9 weeks as outlined below: