BVI Company
Overview
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Official Name: |
British Virgin Islands or (B.V.I) |
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Capital: |
Road Town, Tortola |
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Official Language: |
English |
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BVI Currency: |
US Dollar |
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BVI Main Industry: |
Offshore Financial Services |
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Population: |
22,016 |
Advantages Of BVI Company Incorporation
- No Tax Shall Be Declarable And Payable
- Registered Capital Is Not Required, And Bank Accounts Can Be Opened All Over The World
- Companies Can Use Chinese Names
- It’s Not Required To Submit Audited Accounts
- Privacy Protection Is Provided, And It’s Not Required To Disclose The Identity Of Shareholders And Directors
General Requirements
- There Shall Be At Least One Shareholder And Director Over 18 Years Old
- There Shall Be A Local Person Or Company To Act As Agent
Standard Authorized Capital
USD50,000
Required Information and Time for Incorporation
- Chinese And English Names Of Company
- Copies Of ID Cards Or Passports Of Shareholders And Directors
- Registration Of Company (Requires 10 Days Or So)
- Purchasing A Shelf Company (Requires 3 Days Or So)
Annual License Fees
Payable in each year following the year of incorporation.
- For Companies Incorporated Between January To June, Fees Are Payable By May.
- For Companies Incorporated Between July To December, Fees Are Payable By November.
