No Disclosure to authorities required |
| Geographic location: Caribbean |
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| Population: 18,000 |
| Native Language: English
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| Currency: US Dollar |
| Politically: British Dependent Territory |
| Legally: Legal System is based on English Common Law and Local Statutes. |
| Constitutionally: Crown colony with ministerial government. The present constitution was passed in 1979 |
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Personal income -
residents: 20%
non residents: nil or 15% on remittance basis |
Trusts income -
resident: nil
non resident: nil |
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Corporate -
resident: 15% max.
non resident: nil
exempt companies: nil |
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 Located in the Eastern Caribbean region, the British Virgin Islands are an English speaking Dependent Territory of the United Kingdom. The Islands are politically stable and possess a well-developed commercial and professional infrastructure. Since the introduction of the International Business Company in 1984, the Islands are now an eminent corporate domicile jurisdiction. There are now over 300,000 IBCs incorporated in the BVI, used for holding, trading and investments. The government has strengthened and enhanced legislation to prohibit the formation of offshore banks on the Island and has in return reduced money laundering activities greatly. As a result of its highly flexible and modern legislation BVI has become extremely popular in the offshore market.
Types of corporate vehicles available
| BVI Business Company (BBC) |
| The BVI Business Companies Act 2004 grants all BBCs in BVI complete exemption from tax. This includes exemption from capital gains tax and all forms of withholding tax. BBCs have minimal reporting requirements. The flexibility of this legislation enables fast and low cost incorporation
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| Incorporation fees:
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EUR 260.00 |
Registered agent fees:
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EUR 125.00 |
Government fees: |
EUR 350.00
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Registered office fees: |
EUR 125.00 |
Total Cost
Of Incorporation |
EUR 860.00 |
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Click here
to view the complete incorporation package
Click here
if you require further information about this BVI Business Company (BBC)
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If you
require more information or wish to form a Limited Liability
Company (LLC), please write to us at orders@incorporateacompany.com
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