British Virgin Islands (BVI) Offshore Company Incorporation

Set Up a Company in the British Virgin Islands (BVI)


The British Virgin Island (BVI) is a leading jurisdiction for offshore company formation, with over 800,00 offshore companies being incorporated since 1984.

Company Setup Requirements for BVI

  • Minimum 1 Shareholder
  • Minimum 1 Resident Director
  • For a BVI Company the Shareholder, Director and Corporate Secretary can be the same individual and or corporate entity.

Features of a BVI Offshore Company

  • No minimum capital required
  • No capital gains tax
  • No withholding tax
  • No annual reporting or auditing is required
  • Income is exempted from local taxation


The BVI Business Companies Act (No 16 of 2004) is the principal statute of the British Virgin Islands relating to British Virgin Islands company law, regulating both offshore companies and local companies.


Steps to Register a BVI Offshore Company

1 Prepare due diligence documents and forms for incorporation;
2 Reserve company name at the Registry of Corporate Affairs;
3 Submit signed incorporation documents;
4 Receive registration approval
5 Receive registration approval;
6 Open corporate bank account


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