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British Virgin Island (BVI) is situated in the Atlantic Ocean and only 96 km east of Puerto Rico with a population of 25,000. It is the leading offshore jurisdiction with over 750,000 offshore companies incorporated since 1984.
The names of beneficial shareholders of a BVI Offshore Company are not required to be disclosed to the authorities.
Company Setup Requirements for British Virgin Island
| Minimum Shareholder | 1 |
| Minimum Director | 1 |
| Corporate Directors and Shareholders | Permitted |
| Local Secretary Required | No |
| Local Registered Office | Required (included in our package) |
| Minimum Paid Up Capital | US$1 |
| Bearer Shares Permitted | Yes (However, this might create problems with bank account opening ) |
| Annual Reporting or Auditing | Not Required |
| Local Tax on Foreign Income | Exempted |
Note: Shareholder(s), director(s) and Corporate Secretary can be the same individual person or a corporate entity.
Offshore companies cannot engage in business in BVI.
Read more about Singapore Offshore Company Formation.
Incorporate an offshore company quickly and easily
Singapore Company Incorporation is the leading force in company registration. With a gamut of services including Work Visas & Relocation, Accounting & Taxation, Business Licenses, Company Secretary and Trademark Registration, we are well-positioned to support your business.