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The British Virgin Islands (“BVI”) are a group of 40 islands and islets located in the Caribbean 60 sea miles east of the Island of Puerto Rico. There is an estimated population of 21,000 and a land area of 153 square kilometers. The official language is English and its currency is the US dollar. The Island is an overseas territory of the British Crown Colony with a legal system based on English common law with local modifications. The United Kingdom is responsible for the defense and foreign affairs of BVI. |
Highlights of BVI Companies
- Exemption from all local taxation
- One of the most popular off shore jurisdictions in the world.
- Confidentiality on directors and shareholders information
- Bear shares permitted
- Based on English Law
- Well developed professional infrastructure
- British dependent territory
- Neutral tax jurisdiction
- Nominee Directors allowed
- No annual accounts or returns to be filed
General Information
| Type of Company | IBC | |
| Companies Law | Business Companies Act 2004 | |
| Minimum Director | One | |
| Minimum Shareholder | One | |
| Bearer Shares Permitted | Yes (restricted mobility) | |
| Corporate Shareholders | Yes | |
| Corporate Directors | Yes | |
| Disclosure of Ownership | No | |
| Disclosure of Directors | No | |
| Corporate Seal Required | Yes | |
