Posts

BVI Lands Company Incorporation- Why You Should Step Ahead

Image
  Many people are still not known about the British Virgin island. It is a land full of treasure which has been in news for the last three decades. It is a great place for tourist but especially the place is great for setting up offshore companies with so much benefits. If you are too interested in registering the BVI company, then surely you need a consultant to refer for proper ways. BVI or British Virgin island is a well-known place which is landing more than 50,000 foreign companies incorporated in BVI.   All started with the International Business Companies ACT 1984 which allowed the formation of the international business Companies under its jurisdiction. British virgin islands company formation is having huge benefits which are quite helpful for different companies to earn more profit. Check Out The Reasons Setting up company has so many benefits to pursue. Here are some of them for you: Ø   Requirement of low taxation Only the IBC has locally run elements, then only

Advantages of BVI Offshore Incorporation

Image
The British Virgin Islands is an overseas territory situated in the Caribbean including more than 40 islands and self-government. Its one of the oldest offshore areas. Many of the offshore companies are incorporated under the BVI making it one of the world’s leading offshore financial centres. This was formed under the International Business company’s act 1984. Why Set Up An Offshore Company? An offshore company is a company which is situated in a different country away from the country of residence of the shareholders. It’s a company who can enjoy the benefits of relaxed rules and regulations with avoidance of tax. Benefits of BVI Offshore Incorporation : 6 benefits of BVI offshore incorporation 1. Corporate Organisation And Flexibility-: Authentication of the corporate activity can be taken without permission of the collaborators. It provides the benefits of tax- free environment with common law legal systems. There are no restrictions regarding the corporate benefits or any fi

How to Setup Offshore Company in the British Virgin Islands

Image
British Virgin Islands (BVI), a British Territory, is located on many islands of the volcanic archipelago in The Caribbean. The Virgin Islands is an offshore administration that provides the same conditions for both local and international companies. This administration is preferred by thousands of businessmen due to its favorable taxation, simplified reporting, and high confidentiality of personal data. The BVI is a highly regarded jurisdiction that strives to preserve its credibility. It is a good idea to establish international business companies (IBCs) in the BVI. The Virgin Islands have several features that allow offshore companies to be registered: Anything that is not in accordance with the laws of British Virgin Islands is allowed. Minimum number of directors and shareholders – one each (individuals and legal entities). Directors and shareholders do not need to be residents. There are no requirements for mandatory payment of the authorized capital. The company name must

BVI Company Incorporation Ensures Major Benefits for Companies

Image
Copious reasons are there that companies from various corners of the world want to incorporate an offshore company in BVI (British Virgin Islands). It is not the beauty of the place but the place has so many uses and benefits to offer the offshore companies after successful completion of BVI company incorporation procedures. It is considered that companies get incorporated in the British Virgin Islands have the best structure compared to other offshore vehicles around the globe. There are plenty of definite factors that ensure the success of BVI offshore companies. If you want to have the same for your company and are thinking of how to incorporate your company under the BVI umbrella, read the blog in full. Benefits of BVI Incorporation This is not a magic or mystery that more than forty percent of offshore companies in the world are registered in BVI. Let us have a look at the benefits of incorporating in BVI. Your company will get the corporate flexibility that is hard to get with

Everything You Need to Know About BVI Yacht Registration

Image
If you are planning for a BVI Yacht Registration , then you must hire a professional registration service to comply with all the legal and regulatory aspects. You can take advantage of the overall friendly business atmosphere of BVI by easily registering yachts up to 3000 gross ton. The Documents Needed Application for registration If you are registering as a company and want your yacht to be registered as a part of the company the certificate of Incorporation need to be produced Certificate of Survey and Tonnage Measurement (can be done by any surveyor anywhere if he is approved by one of the 7 survey institutes) If the yacht is coming off a Red Ensign Register, Closed Transcript and an extract of register is necessary Declaration of Eligibility Deletion of previous registration if applicable Deletion of previous registration if applicable Original bill of sale Original builders certificate OR CE certificate All documents need to be notarized Even if documents are not in English, th

BVI Company Formation

Image
The British Virgin Islands are the British Overseas Territory in the Caribbean situated towards the east of Puerto Rico as well as the US Virgin Islands and North-West of Anguilla. The BVI comprises different islands like Virgin Gorda, Tortola, Anegada, and so forth, and the locale holds a populace of around 35,802. During the 1980s, the BVI joined the universe of offshore banking and has become a positive objective for global investments. In 2004, the BVI Business Companies Act dispensed with the differentiation among offshore and local companies in the islands, in this manner making BVI Offshore Financial Company open at a worldwide front. Requirements For British VirginIslands company formation , you require the following:      a.     Name of the BVI company The name of a BVI Company commands "Corporation", "Limited", "Société Anonyme"," Incorporated" or its related truncations "Inc", "Corp", "Ltd", or

Corporate Requirements for the Company Formation at BVI

Image
Many offshore company set-ups have different kind of documents and corporate requirements. These makes the task more tough and also lesser flexible too. and this is where the BVI company set-up has been made flexible and easier too.  with the various amendments of the Business Company Act, these procedures have been reconsidered and amended. The most important thing is the flexible corporate structure which has made the BVI company formation the simpler one. Here are few of the features: Ø   No requirement of auditing. Ø   Financial account filling is not essential and is not compulsory to be kept at BVI. Ø   Director of the company should not have to be BVI residents. Ø   Annual general meeting can be organized as convenient. No regular meet-up is necessary. Ø   It is not essential to disclose information about the directors, shareholders, loan and other agreement of the company. Thus, they are simple and easy which would save a lot of time and effort in BVI incorporation.  The c