Our company has a licensed Registered Agent who facilitates the registration of legal entities in the British Virgin Islands (BVI). We specialize in assisting with various types of company formations, including BVI Business Companies.
What are the advantages of having a BVI Company?
There are several advantages to having a BVI Company. These include:
- Developed Financial Services Sector: The British Virgin Islands has a well-established and reputable financial services sector, providing a solid foundation for conducting business and financial transactions.
- No Foreign Exchange Restrictions: BVI Companies benefit from the absence of foreign exchange restrictions, allowing for seamless international transactions and investments.
- Recognized Corporate Documents: The corporate documents of BVI Companies are widely recognized and accepted by international banks, making it easier to open bank accounts and engage in global financial activities.
- Not Blacklisted by FATF and OECD: The BVI is not blacklisted by international organizations such as the Financial Action Task Force (FATF) and the Organisation for Economic Co-operation and Development (OECD), which enhances its credibility and reputation as a jurisdiction for conducting business.
- Confidentiality of Information: Information regarding officers and shareholders of a BVI Company is not filed with the BVI Register and, therefore, remains private and inaccessible to the general public, ensuring confidentiality and privacy.
- Business and Property Ownership: BVI Companies face no restrictions when it comes to conducting business or owning property, both within the BVI and in other countries, providing flexibility and ease of operation.
- Redomiciliation Options: BVI Business Companies have the ability to re-domicile to another jurisdiction, subject to the laws of that jurisdiction, allowing for greater flexibility in adapting to changing business environments.
These advantages make BVI Companies an attractive option for individuals and businesses seeking a favorable business environment, financial flexibility, and confidentiality.
Where is BVI located?
BVI is a British Territory situated in the Caribbean Sea, amidst a volcanic archipelago. This beautiful Caribbean island is renowned as a popular tourist destination.
What kind of Privacy does a BVI company offer?
In the British Virgin Islands (BVI), information regarding the directors is filed with the registry; however, this information is not accessible to the general public.
Information about shareholders is not filed with the registry directly. Instead, it is maintained by the registered agent, ensuring that details about shareholders are not publicly available.
It's important to note that information about beneficial owners is filed on the Beneficial Ownership Secure Search System (BOSS System). However, access to this information is restricted to BVI law authorities and can be requested by the UK authorities.
To provide an extra level of privacy for our clients, our company offers
nominee services. These services allow clients to appoint nominees who act as directors or shareholders, adding an additional layer of confidentiality and privacy.
What currency does BVI use?
The official currency of BVI is the United States Dollar (USD).