The British Virgin Islands IBC legislation was introduced in 1984 but was developing and subsequently amended taking into consideration the changes required by the persons providing BVI offshore services. Now BVI companies are governed by "The BVI Business Companies Act, 2004".
Under normal circumstances, BVI Corporations can be incorporated/Registered within 7 working days.
The BVI incorporation documents do not carry the name or identity of any shareholder of director. The names or identities of these persons do not appear in any public record.
Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries.
The minimum paid in and issued capital may be one share which is fully paid.
BVI Companies records and accounts do not have to be held or filed with the authorities. If the shareholders, directors or officers decide to maintain such records or accounts, these may be held anywhere in the world.
There is no requirement for any financial statements accounts or records to be kept for a BVI Company;
If it is found to be desirable or necessary by the director(s) or shareholder(s) these records may be held anywhere in the world. Meetings of shareholder(s) and director(s) There is no requirement for meetings of shareholder(s) and/or director(s) If meetings of shareholder(s) and/or director(s) are desirable these meetings can be held by telephone or any other electronic means of communication providing that all participants can clearly hear each other.
Meetings if thought necessary can be held anywhere in the world.
A company in the BVI is restricted from doing business with BVI residents or companies except where:
There are no restrictions on doing business outside of the BVI by IBCs except illegal activities or such activities that require additional licensing such as: provision of the banking services, services of the insurance and trusts.
BVI Company Incorporation / Obtaining BVI Apostilled, Certificate of Incorporation, Memorandum of Association & Articles of Association, Share Register & Company Seal
USD 3,500 / AED 12,775
USD 3,500 / AED 12,775
Time span for incorporation – 7 working days
* If you want your apostilled BVI company documents to be further attested in the UK, the cost will be more.
Years in Operation
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The most trust worthy professional group I've ever seen
It’s happy to note that Al Fursan registered the branch of BVI Company in Dubai Airport Freezone perfectly complying with all legal attestations. Thanks to Syam and team.
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I was very impressed on how fast and efficient the team was in incorporating our company within a few days and the exceptional assistance I received in obtaining my visa well within the time advised.
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