British Virgin Islands

COMPANY FORMATION IN THE BVI

Belize

Czech Republic

icon

About the BVI

The British Virgin Islands are one of the longest-established offshore financial centres in the world, acting as a benchmark for other offshore jurisdictions. Over 40% of the world’s offshore corporations are registered in the BVI. Its ties to Britain, along with its extremely modern legal stances on corporate and banking law, make it a stable, attractive choice for a large number of companies. The BVI have never been blacklisted by the OECD or FATF, meaning that it has a clean reputation globally.

With the beneficial legal system comes very low taxation requirements and a high level of anonymity, while still benefiting from international recognition as a leading banking centre. It is easy to incorporate a business in the BVI too, as the official language is English.

  • 0%

    CORPORATE INCOME TAX

  • 100%

    FOREIGN OWNERSHIP

  • 3 days

    ESTABLISHMENT TIME

  • #1

    OFFSHORE JURISDICTIONS

I want to incorporate in the BVI

  • Capital City

    Road Town

  • Population

    31,700

  • Land Area

    153 km²

  • Currency

    United States dollars

  • Economic Activities

    Tax haven with an opaque banking system

Benefits of the BVI

British Virgin Islands have several obvious benefits that make it the jurisdiction of choice for many businessmen across the world.

If you establish a company in the British Virgin Islands, you will be exempt from income, dividend, interest, rental, royalty and compensation taxes, as well as 0% Capital Gains Tax and no estate, succession or inheritance taxes. Other than land ownership transactions, there is also no stamp duty, making the BVI one of the best offshore jurisdictions in terms of its tax neutrality. Incorporation only requires one shareholder and directors can be non-residential as long as the company has a registered agent in the BVI.

The BVI offers significant legal protection to its incorporated businesses, with the court protecting share ownership against confiscation and no corporate or shareholder listings, meaning that there is a high level of anonymity. In addition, a BVI BC (Business Company) has its own legal persona, with the same rights as an individual citizen.

BVI BCs do not have to prepare annual accounts, but there are bookkeeping requirements, and this documentation can be requested by the government, although the records can be kept anywhere in the world. While bearer shares are still legal, the Beneficial Ownership Secure Search System Act of 2017 means that companies must supply a list of beneficial owners.

LOW TAX RATES
0% Capital Gains and Income taxes.
EASY TO INCORPORATE
One shareholder required with no restrictions on location.
LEGAL PROTECTION
Share ownership is protected and there is a high level of anonymity.
LEGAL RIGHTS
Companies have exceptional legal rights.
LOW ACCOUNTING REQUIREMENTS
Bookkeeping only; no annual submissions necessary
.
BEARER SHARES
Although a list of beneficial owners must be provided.
CTA

FREE E-BOOK: INCORPORATE YOUR BUSINESS IN THE BVI

Learn more about company formation in the BVI.

Our services in the BVI

We are exceptionally experienced in the uses of BVI-based companies domestically and internationally, and in the local environment itself.

  • OFFSHORE COMPANIES

    BVI BCs are exempt from all taxes provided they do not operate in the BVI territory, do not need to register for VAT and shareholders are not taxable. There is no need to submit a tax return, and the Company Register is not publicly accessible. For more anonymity, a nominee service can be used.

  • NOMINEE DIRECTOR

    We can provide full director and management services in the BVI for Business Companies (BVI BCs), so that your offshore company maintains its tax-exempt status.

  • NOMINEE SHAREHOLDER

    We provide nominee shareholder services under a declaration of trust in favour of the beneficial owner.

  • TRUSTS

    We assist with the establishment of BVI VISTA trusts, which are designed for inheritance and succession planning. Shares can be held in trust indefinitely.

  • FOUNDATIONS

    We provide you with assistance in establishing and transferring assets to a foundation as a means to protect assets, increase anonymity and plan for succession.

4 Easy Steps of Setting up a Business in the BVI.

  • Free Consultation

    WE OFFER A FREE ONLINE OR FACE-TO-FACE CONSULTATION SERVICE.

  • Company Set-up

    YOUR COMPANY WILL BE INCORPORATED ACCORDING TO YOUR BUSINESS ACTIVITY.

  • Bank Account

    WE WILL ASSIST WITH YOUR BUSINESS CASE AND CONNECT YOU WITH A SUITABLE BANK.

  • Ongoing Support

    YOUR RELATIONSHIP MANAGER WILL PROVIDE ONGOING, YEAR-ROUND SUPPORT AND ADVICE.

Typical uses of companies

incorporated in the British Virgin Islands.

ASSET PROTECTION
Companies incorporated in the BVI can be used to ensure asset protection through separation of ownership from the beneficial owner – however, there has been a beneficial owners register since 2017. The BVI government provides significant legal protection to shareholders.
INVESTMENTS
You can hold shares in other companies, real estate, equities and bonds through your BVI business with no tax on any profit and high levels of privacy.
PRIVACY
As there is no public register, a high level of anonymity is easily achievable through substituting your name for your company name on any official documentation, along with using a high-quality nominee service.
INTELLECTUAL PROPERTY
You can attain 0% tax on royalties by attributing your patents, copyrights and other IP rights to your offshore company, thereby significantly increasing tax efficiency.

Dmitry Y.

nvestor & Software Engeneer

D

“I would like to thank Robert and his team for a professional service and welcoming attitude during my visit in Dubai. My resident visas were processed in 2 days which helped my schedule a lot! ”

Giuseppe A.

Italian Food Distribution

G

“Ms. Gabriela has an exceptional knowledge of the Czech market and its hidden legal options. We eventually chose Czech company as our base for Central European market. ”

Torsten H.

Metallic Parts Trading

T

“Our team was looking for a tax advisor that would help us to understand legal consequences of incorporating a company in a tax haven. Our consultant at Alpha Citizen gave us all the answers we were looking for! ”

Previous

Next

Frequently asked questions

Think global and incorporate where they treat your business well.

Robert Sládek

CHEF EXECUTIVE OFFICER

Incorporate your new company in the British Virgin Islands today!

Don’t lose your time with greedy tax authorities and poor government services. There are countries competing for the successful entrepreneurs like yourself. Let us show you the best jurisdictions and explain their differences.

Let’s talk! »

We value your privacy.