Fees and timelines

Fees

Incorporation costs in Year 1 amount to US$1,550 and annual company costs in Year 2 and thereafter amount to US$1,100. The average fee per BVI engagement amounts to US$6,950, which includes company incorporation, opening a local corporate bank account, and all government fees. Refer to draft invoice embedded here.

Different BVI entity typesCostDraft invoice
IBCUS$6,950View invoice PDF
Limited partnershipUS$10,850View invoice PDF
Resident companyUS$17,230View invoice PDF
TrustUS$15,650View invoice PDF
Incubator fundUS$26,800View invoice PDF

Other fee considerations

Click here to create your own BVI invoice

Timelines

The average BVI company registration period is 9 weeks as outlined below:

bvi business registration engagement period timeline

  • Preparing a detailed project plan;
  • Our Client confirms the corporate structure;
  • Collecting due diligence from our Client.
  • Our Client signs the corporate bank account opening forms;
  • Healy Consultants prepares a business plan;
  • Healy Consultants visits the bank for interview;
  • The Bank Legal and Compliance Department review and approve the banking application;
  • The Bank Front Office email corporate bank account numbers to our client.
  • The Bank Operations Department mails the internet username and passwords to our Client;
  • Some of our Clients’ request Healy Consultants to activate the internet banking on their behalf.
  • Healy Consultants confirms all Client due diligence is received;
  • Healy Consultants couriers to our Client the complete original company and bank account documents;
  • Our Client completes our web page feedback survey;

Contact us

For additional information on our company registration services in BVI, please email us at email@healyconsultants.com. Alternatively please contact our in-house country expert, Mr. Kunal Fabiani, directly: