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British Virgin Islands · caribbean

British Virgin Islands (BVI) Company Formation

A tax-neutral, common-law jurisdiction governed by the BVI Business Companies Act — a flexible, private and fast vehicle for international business, asset holding and investment.

Why British Virgin Islands.

Tax advantages

Tax neutrality with no corporate, capital gains, inheritance or sales taxes — and no taxes on dividends, interest or royalties.

Confidentiality & privacy

Ownership details remain private and are generally not accessible to the public, safeguarding sensitive information.

Fast, straightforward incorporation

A modern, flexible legal framework under the BVI Business Companies Act with minimal bureaucratic hurdles.

Asset protection

Robust laws and multiple legal structures protect assets against creditors and lawsuits and limit shareholder liability.

No currency restrictions

No restrictions on fund transfers, enabling seamless international transactions.

Flexible corporate structure

A range of legal entities with minimal capital requirements, needing only one shareholder and one director — who can be the same person.

Available company structures.

BVI Business Company (BC)

The most common BVI vehicle, used for international business, asset holding and investment. Available as a Company Limited by Shares, a Company Limited by Guarantee, or an Unlimited Company.

Segregated Portfolio Company (SPC)

Contains multiple segregated portfolios within a single company, each maintaining its own assets and liabilities.

Restricted Purpose Company (RPC)

Established with a single objective and permitted to work only toward that defined purpose.

Private Trust Company (PTC)

Incorporated for estate planning, wealth management or similar purposes.

Public Company (PC)

A BVI company with multiple shareholders that may list and issue shares to the public, subject to stricter regulatory requirements than a private company.

Features at a glance.

Type of law
British common law
Corporate taxation
None (exempt from corporate, income & withholding taxes)
Minimum directors
One
Minimum shareholders
One
Registered office
Required
Accounts / annual return
Not required to file
Bearer shares
Not permitted
Minimum paid-up capital
None
Time to incorporate
10 days
Renewal
Company anniversary, each year

Documents required

  • 3 proposed company names
  • Notarized or certified passport copies of shareholder(s) and director(s)
  • Address proof of director(s) and shareholder(s)
  • Memorandum of Association
  • Bank reference letter
  • Professional reference letter
  • CV / business profile

Setup and renewal fees are confirmed on request.