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JURISDICTION GUIDES / BRITISH VIRGIN ISLANDS
BVI Company Formation & Administration
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VISS assists professional advisers, entrepreneurs and investors with BVI company formation and ongoing administration for international business, investment and holding purposes.
BVI Company at a Glance
Company type
Limited by shares
Registered agent
Required in the BVI
Shareholders
Minimum one
Registered office
Required in the BVI
Directors
Minimum one
Ownership information
Disclosure required
When a BVI Company May Suit Your Needs
International Holding
Hold shares in overseas subsidiaries or joint ventures as part of a coordinated international ownership structure.
Investment Ownership
Organise the ownership of international investments, taking account of the assets involved and the owners’ long-term objectives.
Cross-Border Business
Establish a company for international commercial activities, subject to the applicable licensing, tax and operational requirements.
Suitability depends on your business activity, ownership, tax residence and banking requirements. VISS coordinates implementation with the registered agent and relevant professional advisers.
ONE POINT OF COORDINATION
How VISS Can Assist
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Company formation
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Registered agent and registered office arrangements
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Annual renewal and corporate administration
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Director and shareholder changes
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Changes of registered agent
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Corporate certificates, certified copies and apostilles
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Redomiciliation coordination
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Economic substance classification and reporting coordination
VISS coordinates these services with the BVI registered agent and relevant professional advisers. Your quotation will specify the services included, documents supplied, recurring fees and applicable government or third-party charges.
How Incorporation Works
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Assessment
We review your business activity, ownership structure and service requirements.
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Quotation
We confirm the services, document package, fees and indicative timeline.
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Onboarding
We complete the engagement documentation and required due diligence.
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Incorporation
The BVI registered agent submits the application and coordinates the incorporation documents and applicable filings.
Completion depends on satisfactory onboarding, company name approval and registry processing. Bank and payment account applications are handled separately.
Ongoing Company Requirements
Annual Renewal
Pay the applicable government and service fees and maintain the BVI-registered agent and registered office.
Economic Substance
Review the company’s activities for economic substance classification and meet the applicable reporting and substance requirements.
Corporate Records
Keep the company’s statutory registers, resolutions and supporting corporate documents up to date.
Annual Financial Return
Unless exempt, submit an annual financial return to the registered agent within nine months after the company’s financial year-end.
Accounting Records
Maintain accounting records and supporting documents that explain the company’s transactions and financial position.
Ownership and Director Updates
Notify us promptly of changes to directors, shareholders and beneficial owners so the applicable records and filings can be updated.