BVI Incorporations

Basic information

Politically stable

British-based common law legal system

Migration of domicile permitted

No tax liability on offshore profits

Corporate requirements

Minimum of one shareholder

Minimum of one director

Corporate directors permitted

Secretary not required

Standard authorised share capital/shares of 50,000

Disclosure and due diligence

Due diligence required

Disclosure of beneficial ownership will soon be required

Government filing of register of directors required

Government filing of register of shareholders optional

Annual requirements

Annual return not required

Audited accounts not required

New incorporations on request

Two day turnaround for English name companies

Two day turnaround for English and Chinese name companies

Chinese language features

Chinese name allowed on Certificate of Incorporation