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Showing posts with the label BVI company set-up

BVI Lands Company Incorporation- Why You Should Step Ahead

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  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 elemen...

Corporate Requirements for the Company Formation at BVI

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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...