Corporate Requirements for the Company Formation at BVI
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