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BVI Key Corporate Features
Type of Company BVIBC
Type of Law Common Law
Shelf company available Yes
Establishing a new company 4 days
Corporate Taxation Nil
Double Taxation Treaty Access No
Share capital or equivalent
Standard currency US$
Permitted currencies Any
Minimum paid up US$1
Usual authorized US$50 000
Minimum number One
Local required No
Corporate Directors Permitted Yes
Publicly accessible records No
Location of meetings Anywhere
Minimum number One
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required Optional
Local or qualified No
Requirements to prepare Yes
Audit requirements No
Requirements to file accounts No
Publicly accessible accounts No
Recurring Government Costs
Annual Tax / Licence Fee US$350 for up to US$50,000 authorised Share Capital US$1,100 if share capital more than US$50,001
Requirement to file annual return No
Change in domicile permitted Yes – Government fee of US$500 is applicable

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