Offshore company formation in BVI: at Coddan, our expert team has many years of experience in helping clients with offshore company formation in the British Virgin Islands (BVI). There are a number of reasons why you may want to form an off-shore company in BVI, although the BVI companies start-up process can seem pretty daunting, especially if this is something you have never considered before. That's where our BVI company' setting-up expertise can help; to ensure that the correct business company registration procedures are followed to the letter of the law, and that you are set up and ready to trade in next to no time. You may think that private company incorporation in BVI is something that only larger corporations or wealthy individuals do, but there can be many advantages for smaller and medium sized enterprises as well.
We can also provide other pre & post incorporation services, including accounting and bookkeeping, nominee director service, nominee shareholder service, notary and apostille services, general management, and administrative services. In short, we can do everything necessary to ensure your operation is run efficiently at all times, and that you receive the maximum benefit from forming your company in British Virgin Islands. To find out how we can help you, speak to one of the team at Coddan today.
NEXT YEAR FROM US$855.00
This company formation in BVI package is for customers, who require to form a company with a registered office address. The formation of a company usually takes 3 days.
The following documents will be sending by post upon the formation of your offshore company:
NEXT YEAR FROM US$1,250
This BVI company registration package is especially for clients, who are requiring forming a company online with a registered address, registered agent & a nominee director; bank account upon request.
This BVI company formation offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$1,535
This is one of the most popular a company incorporation in BVI packages with nominee shareholder, as an additional option to the nominee director, registered agent & registered office address services.
This BVI company formation offer includes everything in the second option, plus the following:
NEXT YEAR FROM US$1,535
This is our most comprehensive BVI company formation package with all documents verified by solicitor or notary public & certified by the apostilled stamp or apostille seal affixed.
This company formation offer includes everything in the third option, plus:
NEXT YEAR FROM US$1,500
This BVI limited partnership start-up package is for customers, who require to register a partnership online with a registered office address. The formation of a limited partnership normally takes 3 days.
The following document will be dispatch by regular post upon the registration of a BVI limited partnership:
NEXT YEAR FROM US$1,900
This BVI limited partnership set-up package is especially for customers, who are requiring forming a limited partnership with registered address in Tortola & nominee limited member.
This limited partnership start-up offer includes everything in the first option, together with the advantages of:
NEXT YEAR FROM US$2,340
This is one of the most common BVI limited partnership setting-up packages, which comes with a nominee general partner, as an option for the nominee limited partner, & registered address services.
This limited partnership registration offer includes everything in the second option, plus the following enhancements:
NEXT YEAR FROM US$2,340
This is our most comprehensive BVI limited partnership registration package with all partnership setting-up documents verified by a notary public & certified by the apostille stamp.
This limited partnership start-up in BVI offer includes everything in the third option, plus:
NEXT YEAR FROM £1,800
This BVI non-profit company formation package is for customers, who require to form a non-profit company online with a registered office address. The setting-up of a company in usually takes 3 days.
The following items are included in to this offer:
NEXT YEAR FROM £2,070
This is one of the very favorite non-profit company formation in BVI packages for customers, who wish to appoint a nominee director in order to maintain the anonymity, & free consultation.
This BVI company limited by guarantee formation offer includes all services mentioned in the first option, plus the following:
NEXT YEAR FROM £2,265
This is one of the most popular BVI company limited by guarantee formation packages for customers, who wish to appoint a nominee member as an additional to the nominee director, & free consultation.
This non-profit company formation offer includes all services mentioned in the second option, plus:
NEXT YEAR FROM £2,265
This is the most optimal BVI non-for profit company formation package in the market for such customers, who wish to legalise all corporate documents by a notary public and certify them by the apostille stamp.
This non-profit company formation offer includes all services mentioned in the third option, plus:
Why to register a company in BVI? As an off-shore location, BVI is very well regulated but it does offer the opportunity to reduce the amount of tax you pay, helps to protect your assets, and affords you a great deal of anonymity. There are likely to be more benefits to your business when you establish a company in BVI, depending on other factors such as the type of entity you are planning, nationality, your location, and more.
To fully appreciate what you stand to gain when you forming a company in BVI, it is best to get expert advice from the team at Coddan. Once you've heard what's involved in formation of your off-shore entity establishment in BVI, and are persuaded by the sound business reasons for going ahead, we can quickly get to work on your behalf.
Ongoing BVI company formation support: we are able to call on expert lawyers and accountants, who are locally based and have our complete confidence in terms of reliability, integrity, and professional competence. With their assistance, and our management, all the necessary paperwork is taken care of in a matter of days. Going forward, we can help to ensure that you meet the reporting and statutory requirements in BVI.
Off-shore company formation in BVI: if you like the sound of forming your offshore company in the British Virgin islands (BVI), but are daunted by the prospect, our expert team at Coddan Ltd can help to navigate you through the companies formation process, or take care of everything on your behalf. With many years of experience in this area, and a network of trusted professional assistance in BVI to call on, we're confident we can get your BVI company formation, with all the necessary documentation and registration, so you are ready to start trading in a matter of days.
We also offer a comprehensive range of post-formation services. Talk to our expert consultants today - if you need an assistance with a company formation in BVI, you can also speak to our business advisors between 9.30am-6.00pm Monday to Friday by telephoning + (0) 207.935.5171 or + (0) 330.808.0089 (national rates).
Forming an offshore company in BVI: every week, more and more British business people are setting up a company in BVI, and when you consider the benefits it's easy to see why. An offshore company in the British Virgin Islands can be useful for all sorts of reasons, thanks to the state's low tax rates and loose business regulations. For profit maximisation and greater privacy, there are few more attractive destinations anywhere on the globe.
Yet before you take this step, you will want to be sure you have made the correct preparations for the venture. This guide details the main benefits of company formation in BVI.
The benefits to establish a company in BVI: probably the most frequently cited reason amongst business people who form companies in the British Virgin Islands is tax.
An IBC will be exempt not only from all local taxes if it operates from the islands but also stamp duty. Privacy and anonymity are, increasingly, important issues for the modern entrepreneur.
By entering into company formation in the BVI you are under no obligation to file any of your business' information with the Register of Companies other than the name of the company. Your accountancy and the names of those associated with the company can be kept strictly confidential.
Flexibility to start up a company in BVI: unlike some tax havens, the financial jurisdiction of the BVI requires very little from your company. You only need a single shareholder to make the company legitimate, while no director or shareholder needs to be resident in the state and you don't need to hold annual meetings.
When you register a company in the British Virgin Islands (BVI), you can expect to enjoy a number of benefits. One of the key advantages of company formation in BVI is that you will not be liable to pay any company tax in BVI itself. Setting up is relatively easy, and you can form a company in BVI with just one director and a single shareholder; furthermore, the director of the company is not required by local law to be a resident of the islands.
Other advantages of company registration in BVI is that the business will not be required to submit annual returns, or submit your annual accounts on the islands and once registered in BVI, your company is free to conduct business anywhere else around the world. Of course, the fact that English is the main language in BVI, and that it is a beautiful part of the world with an international airport, are other advantages worth mentioning.
Some more advantages to incorporate in BVI: there may well be more sound commercial reasons why you would want to incorporate a company in BVI, such as helping to protect your assets, and enjoying the benefits of anonymity. That is not to suggest, however, that BVI is completely unregulated and a magnet for questionable enterprises. As an offshore jurisdiction, BVI is well regulated and having your offshore company registered here means you will be subject to similar controls and regulations as in many other locations, while still being able to enjoy the many advantages cited above.
BVI vs other offshore jurisdictions: there's a wide choice of offshore jurisdictions in which you may consider setting up a company. One major and popular option is the British Virgin Islands (BVI), a British overseas territory located just east of Puerto Rico, in the Caribbean. So how does company formation in BVI compare to other offshore jurisdictions you may choose?
Each offshore financial centre has different factors, benefits, advantages or trade-offs. There are, of course, a number of potential legal and tax benefits to offshore registration, such as low or zero tax, anonymity and asset protection. Your objectives and priorities may affect your choice of jurisdiction.
If you're considering whether to form a company in BVI versus another location, there are several main factors you should consider: reputation and popularity; legal and regulatory considerations; incorporation and renewal costs; processing times; and proximity to appropriate markets or banking facilities.
The cost to incorporate a company in BVI may not be the most important factor, but it's certainly worth bearing in mind. Charges for company registration in BVI with Coddan Ltd start at a very reasonable and affordable £650.00 for the first company formation package.
In terms of popularity, BVI is consistently top of the list by most measures. Panama and Belize are also popular jurisdictions. Reputation is a subtly different measure, referring to ideas of prestige and respectability. Again, BVI scores highly on this factor, although Hong Kong may have the edge.
As Hong Kong is one of BVI's main rivals for offshore company registration, it's worth taking a closer look at the differences between them. Unlike Hong Kong, BVI does not require annual financial reports, auditing, or a local secretary. A BVI business company, unlike a Hong Kong limited company, permits bearer shares, and it's generally slightly faster to register a company in BVI. On the other hand, BVI is not close to major trading hubs, so if this is an important factor for you Hong Kong may be a better fit for your needs.
Proper care and attention is needed when registering a company in the British Virgin Islands (BVI), due to differing requirements and procedures. Here at Coddan we can handle it for you so that your new enterprise will be established with no problems that could affect its running later on.
In order to register a company in BVI, you must first choose what kind of structure you want, as there are a number of types. We can help you decide which is best suited to your needs, whether it's a company limited by shares or guarantee, or an unlimited company, as well as several others. The application is made at the Registry of Corporate Affairs, and it must be done by an approved local registered agent, which we can appoint for you.
One of the attractions of company formation in BVI for overseas clients is that the names of the directors and shareholders don't appear in the public register and are therefore kept confidential. It is required, however, that this information, as well as other details about the company, be kept at the company's registered office. If you don't have an office in BVI or would rather not use one you have there, we can supply an official registered office for registration purposes.
As with any jurisdiction in the world, the name of your new company must be in compliance with company law, as there are a whole range of restrictions on what you can use. So that your application won't be rejected at the outset, we'll first check that your proposed name is not already in use, or similar to one that is, and that it doesn't include any banned words.
You'll find that to incorporate a company in BVI using Coddan's services couldn't be easier. We have designed a number of attractive incorporation packages, all competitively priced, and you can get your company registration in BVI under way just by using our straightforward online application form.
Clients around the world can use Coddan's trusted services to register a company in BVI and avail of additional extras that will make establishing your new company in the territory a breeze.
Among our range of services for company formation in BVI is the provision of a nominee director and nominee shareholder. You certainly can use your own, if you wish, and we will include them in the application to the Registry of Corporate Affairs, at no additional charge. If you do use your own officers, they won't be publicly visible on the register, so you can retain their confidentiality.
However, many clients do not have their own personnel to nominate for official posts so that they can register a company in BVI, or they don’t want to use their own people. That's why our provision of nominees is invaluable in setting up their own company. While our nominees will be legal officials of the enterprise, it will be on paper only and they won't have any control over the company or be involved in any way with its running.
In addition, when we provide nominees to incorporate a company in BVI, it doesn't necessarily have to be a long-term commitment because you can change them at any time you want, including with your executives and officers.
If you'd like to go ahead and form a company in BVI, you can simply use the application form on our website and you can choose the nominee service as part of the application. When we receive your details we'll get to work straight away and you could have your new BVI company in no time.
You'll receive all the statutory documentation when the process is complete to prove the firm is yours and has been properly established, including the original certificate of incorporation, memorandum and articles of association and the minutes of the board of directors' initial meeting.
When you register a company in BVI, you may well be using it for business transactions and deals in a number of jurisdictions. That means you'll need legalised corporate documents relating to your company that are ready for use at all times.
Our advice here at Coddan is that once you incorporate a company in BVI, you have your official documents notarised or certified with an apostille stamp straight away, so that they're ready whenever the need arises and you don't lose out on deals through delays in waiting for your paperwork to be verified. We can handle certification for any jurisdiction and in almost any language.
The documents you will receive after you form a company in BVI include the original certificate of incorporation and the memorandum and articles of association. If you wish to use these in another jurisdiction, for whatever reason, they'll need to be confirmed as original and genuine, and a notary public will do just that.
Another important document that many companies regularly use is a certificate of good standing. This informs other parties who may be considering business dealings with them that they're in full compliance with local laws and regulations, and don't have any arrears or other potential problems that could cause difficulties with the authorities that might lead to hefty fines or even being struck off. It's a wise business move to have a certificate of good standing, and to have it legalised.
Getting an apostille stamp for a document following company formation in BVI means it's legally accepted in many countries around the world. It essentially eliminates the need to have it verified and translated for every jurisdiction in which it might be used; a time-consuming and costly prospect. It's based on the Hague Convention to which dozens of countries around the world are signatories.
There are many advantages to company formation in BVI, including that their annual maintenance is a lot less complicated than in many other parts of the world. Because, for instance, there's no corporate tax to pay – one of the main attractions of the territory for overseas investors – there's no requirement to file annual tax returns, a burdensome affair for many other firms elsewhere.
After you register a company in BVI, you also won't be required to compile and file annual returns with details of the company including the names and addresses of its directors and secretary, as well as any updates, such as a change in the official registered address. This information does, however, need to be kept on hand at the official office, or at the office of the registered local agent, which is necessary to incorporate a company in BVI.
The same goes for annual audited accounts, which while not required to be submitted to the authorities must nonetheless be correctly maintained. BVI company law now states that proper accounting and transaction records must be kept for a minimum of five years, and they have to be made available to the authorities upon request. Failure to comply could result in a fine of US$10,000. Our professional accounting and bookkeeping services will ensure all your accounts are up to date at all times, so you never run into trouble.
The main annual requirement when you form a company in BVI is the payment of fees. They must be paid on time so that companies remain in good standing with the authorities and can continue to trade. The fees go to the government and also the registered agent, and at Coddan we can make the payments for you so that it's done on time and you're not subjected to any crippling penalties that could harm your enterprise or cause it to be shut down.
Of the various financial jurisdictions across the world that are popular amongst those looking to launch offshore companies, the British Virgin Islands (BVI) is amongst the most advantageous. When you register a company in the BVI you can expect numerous benefits and a minimum of state interference. To give you a more in depth look at how company registration in BVI could help you, here are the main uses of BVI incorporated companies in greater detail.
Tax planning: any company that has been formed in the BVI will be exempt entirely from tax on all the income it makes. It will also be exempt from tax on capital gains, gifts, inheritance and estate, and it will be under no obligation to pay stamp duty.
Operating with greater privacy: when you form a company in BVI, you are obliged to put the barest minimum of information on the public record. Your directors, shareholders and owners can all be anonymous, while records and minutes can all be held privately too.
Attaining greater business flexibility: if you are tired of the inflexible, restrictive business laws in the UK, then company formation in BVI will be a breath of fresh air. All you need to launch your venture is a single owner, shareholder and director. They can be three separate people or one person – the choice is totally up to you. There are no restrictions on nationality and you can hold your meetings anywhere. This is indicative of just how flexible and easygoing the business laws are in BVI.
More legal rights: in BVI, the authorities take the rights of a business very seriously. In fact, when you incorporate a company in BVI, your organisation will be considered a legal personality, meaning it has the powers and rights of a regular, BVI resident.
After you incorporate a company in BVI and it's up and running, you'll need to make sure it's fully compliant with the law at all times so you don't encounter any difficulties. That's where we can help.
It's true that there are fewer requirements for companies in BVI than in other jurisdictions, but there are still things you must do, such as keeping your accounts in order. We're pleased to offer our comprehensive accounting and bookkeeping services so you can free yourself of this time-consuming administrative task and concentrate on your business.
We recommend that when you register a company in BVI, you have all your statutory documents notarised and with an apostille stamp. This has the effect of making them legal in almost every jurisdiction in the world. You never know when you might need your company documents or a certificate of good standing to show to potential business partners elsewhere before proceeding with a potential deal. We can have them notarised in no time and in almost any language, so that you have them on file when the need arises.
You'll certainly want a business banking account when you form a company in BVI. Instead of trying to handle it yourself, which can sometimes be an exhausting affair, we are able to provide offshore banking introductions so that you can quickly and easily get your account set up and use it for trading.
Many firms in BVI require expert advice on long-term planning, including such issues as access to finance and acquisitions, and our expert consultants are available to tell you what you need to know. We can also ensure your intellectual property, such as your trademark and logo, is protected from infringement in BVI by having it registered at the Intellectual Property Unit of the Registry of Corporate Affairs.
Deciding to register a company in the British Virgin Islands (BVI), may be one of the smartest business decisions you ever make. It goes without saying, however, that you need people you can rely on to ensure it’s done right. When you choose Coddan Ltd, you get expert advice from the outset, from people who know exactly what is required to incorporate a company in BVI.
Thanks to our many years of experience in this area, you’ll have peace of mind knowing that when you form a company in BVI with our assistance, every ‘i’ will be dotted and all the right ‘t’s crossed on the necessary forms and paperwork. Correct company formation in BVI means making sure that all the legal documentation is completed and the company fully registered. Only then are you free to start trading and to take advantage of what company registration in BVI can deliver.
Expertise and understanding: at Coddan Ltd, we pride ourselves on offering an efficient and professional service. We also believe in providing great value for money to all of our clients. We understand that all companies are different and we treat each and every one with due care and attention, tailoring our services accordingly.
Our consultants have many years of experience in setting up offshore entities in BVI and they regularly help clients avoid much of the red tape and bureaucracy that can slow down this kind of company registration. We can also call on trusted, professional help in BVI for on the ground assistance, when required.