ABM Group

  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...

  Wanted to start a company at British Virgin Island? Are you aware of the key features of these companies? Do you know what you need to have and what you can’t do? Well, if you are thinking of opening one soon, then you must have taken the information. But lest you have missed any of the important ones, so, we have summarized the key one for you. Know these rules and have a look once more Check out these points which are important for the British Virgin Islands company formation . 1. The share capital amount should be US 50,000 dollars. Now you have to divide these into 50,000 shared which is worth of 1dollar each. 2. These shares issuance can be with or without par value. 3. Issuance of at least one share is very important. 4. Any bearer shares which is authorized by the BVI financial services commission can be permitted. Otherwise not accepted as valid. 5. Individual or corporate director is allowed for the company and at least one director should be there. 6. One shareholder is...

  Many corporation services provide BVI or British Virgin Islands company formation services to their clients. Let us look at how the company is formed, what rules are followed, and the basic structure of a BVI offshore company setup . STRUCTURE The structure of British Virgin Islands company formation is as follows: a.     Requires a minimum of only one shareholder, and one director all of which can be the same person. b.    There is no requirement of appointing local shareholder(s) and director(s) for British Virgin Island Companies. c.     If a foreign Government or authority seizes Company shares or any other interest in the Company in connection with nationalization, expropriation, confiscatory tax, other governmental charge or with a similar cause the Company or a shareholder may apply to the BVI court for an order that the Company disregard the seizure and continue to treat the person from whom the shares were seized as con...

Have you ever decided to register an offshore company? Then, you must be taking a closer look at jurisdictions, which are commonly called havens of tax. British Virgin Islands are such kind of jurisdiction. The laws governing businesses in the British Virgin Islands (BVI) are characterized by some of the benefits that are most likely to attract you. Some advantages of starting a business In the BVI First of all, it is optimal taxation, asset protection, and confidentiality. Now let’s talk about the advantages that make you think about starting a business in the BVI. According to the latest amendment to the 2007 law, there are no differences in BVI between local entrepreneurs and non-residents. As a result, all bvicompany incorporation is simply called “business companies”. One of the key advantages of forming a company in the BVI is: ·          The BVI has good relations with the OECD and other international tax organizations. ·  ...

British Virgin lands give you so many opportunities for the business you want to set up. Tax exemption and privacy with simple regulations to be followed are some of the best chances that these companies get. BVI incorporation can be done by various agencies that can do essential tasks required to set-up your office and get going with your business. While doing business at the place, it can be required to use the water ways for transportation of goods and logistics. Having a boat or a yacht can solve the problem of transporting logistics. Register your boat for free sailing But sailing a boat without registration will be arrested by the Royal navy who will not allow the boat to sail without permission. Since BVI is a member of the Red Ensign group of British registrations so every ship must be registered and supported by the British Diplomatic. Hence to get the support and sail freely, you can acquire the BVI yacht registration which is recognized worldwide. The ship...

The extended term of the BVI Company is the British Virgin Islands. Now what is it for? The BVI is the most famous place which is perfect for the set-up of the offshore business and suitable for offshore investment. Related to this statement, offshore companies are those which are registered at places where either no tax is applicable or low tax is being charged. Know about the act The first opportunities were started in the year 1984 when the BVI adopted the international Business act. More flexibility was adopted in the year 2004 and later on the current act has been amended in the year 2007. So what are the opportunities given to the business companies? Ø   Flexibility of applying the business act Ø   The investment is being done hassle free Ø   Opportunities to all kind of legal flexibilities Ø   Easy administration regulations Ø   For BVI offshore incorporation , corporate tax is 0% which is most profitable way of doing business. ...