BVI Company Incorporation

BVI company incorporation refers to the incorporation of offshore companies in the British Virgin Islands. BVI company formation has many benefits and BVI offshore corporations are able to carry out their business operations in many countries. All offshore companies incorporated in the BVI receive full tax exemptions on all foreign generated profits.

A Memorandum of Association and Articles of Association are prepared for filing with the Registrar of Companies in the British Virgin Islands. Te information to be filed is as follows:

• Offshore company name
• Details of registered agent used
• The type of company to be incorporated (company limited by shares or guarantee etc)
• The address of registered office of the company
• Companies limited by shares must state the number and classes of shares which will be issued
• Objectives for forming the BVI company
• The by-laws of the company

BVI offshore company formation can be done using corporate or individual shareholders and directors. One company shareholder and the same number of offshore company directors are need for BVI company registration. The same individual or corporation can be shareholder and director of the BVI offshore corporation. These persons may be of any nationality and there is no obligation for a British Virgin Islands offshore company to appoint other company officials.

BVI company incorporation will not be considered by the Registrar of Companies in the offshore jurisdiction the name chosen for company formation has been used by another company in the BVI. Names which are regarded as offensive will be rejected by the Registrar. The following words or phrases must be used at end of company names. The appropriate abbreviation may also be used; Limited, Corporation, Incorporated, Sociedad Anonima or Société Anonyme.

BVI offshore company incorporation is completed in at least two (2) working days.