British Virgin Islands

Learn more about BVI Business Company.

The British Virgin Islands (“BVI”) consists of more than 50 islands, situated approximated 60 miles east of Puerto Rico in the Caribbean. In 1967, BVI became a self-governing British Dependent Territory and is a member of the British Commonwealth. Today, BVI is one of world’s top offshore center with over 800,000 companies incorporated.

Economy & Infrastructure

With a population of over 30,000, mostly African descent. BVI’s economy is one of the most prosperous in the Caribbean, heavily dependent on financial service sector and tourism. Since the introduction of offshore registration in 1984, BVI government continues to enhance its offshore finance center status with newly enacted legislations.

The official language is English and the official currency is US Dollar. Daily air and ship connects available from the United States to BVI. Vast variety of professional services are available with the largest offshore law firms in the region.

Law & Government

Although the Head of State remain responsible for external affairs, BVI’s Executive Council has authority in all other matter. Consisting of the Governor, Attorney-General and four Ministers, the council has judiciary legislative power, contributing to the stable political environment of BVI.

 

Advantages of Incorporating in BVI are:

• Only one director and shareholder is required, who can be the same person.
• The director and shareholder may be a company or a natural person of any nationality.
• The identity of the director or shareholder is not disclosed in any incorporation document and no public records are held.
• Board meetings can take place in any other jurisdiction.
• Accounts or other annual reports have not to be filed with the government.
• Confidentiality is a cornerstone of the functioning of offshore centers.
• Well-developed banking sector.
• Multi-lingual Incorporation documents allowed (Chinese characteristics accepted).