The Great Britain provides solutions for international relationaships, protection, internal security and legislation. British Virgin Islands use legislation model similar to the English one with some local changes, providing full protection of rights in London Privy counsil. Most unfavorable factor related to company formation in this jurisdiction is the fact that British Virgin Islands joined tax initiatives of ORCD and signed agreements on tax information exchange with USA.
General information about British Virgin Islands (Business companies (BC))
UniverseLAW offers full range of professional services, associated with business organization on British Virgin Islands:
British Virgin Islands companies are exempt from taxes.
Bookkeeping is required for a BVI offshore company, but the reports don’t have to be filed.
Required documents for registration
Documents required for company formation on BVI:
For private individuals:
For legal entities:
Time required for company formation:
Up to 2 weeks.