BVI Company Registration

Introduction to BVI British Virgin Islands

The British Virgin Islands, also known as the British Virgin Islands (BRITISH VIRGIN ISLANDS-BVI) is about 60 miles east of PUERTO RICO, located in the Caribbean Sea, an island country composed of more than 40 islands, with an area of only 155 square kilometers , with a population of only 15,000 people. The British Virgin Islands is one hour ahead of US Eastern Standard Time, making it very convenient for customers located in both the US and Europe. There are several daily flights on the island to and from SAN JUAN of PUERTO RICO, SAN JUAN is an international air transit point to the United States, South America and Europe.

The British Virgin Islands is a British protected area and one of the Commonwealth of Nations. The British Virgin Islands declared self-government in 1967, and democratically elected an 11-member Legislative Yuan, and the Legislative Yuan legislated to produce an Executive Yuan, including the Governor and 4 Directors. .

The law on the island follows the English common law. The highest court of appeal is the Privy Council in London.

Due to the International Business Company Act and tax law of the British Virgin Islands, a very flexible and flexible system is specially designed for investors outside the British Virgin Islands. The Cayman Islands, Bermuda, Jersey and other places in the world are listed as one of the so-called "Tax Heaven" in the world.

Basically, companies registered in BVI can be divided into two categories. One is companies established to provide business services in BVI. The establishment of such companies and the standard for regular reporting in the future are relatively strict, and they are usually not of interest to foreign investors. The other type is a company that is only registered and established in BVI, but does not carry out business activities in the place, which is commonly known as a paper company (Paper Company). Since the conditions for setting up a paper company in BVI are very relaxed and the cost is very low, many companies and individuals choose to set up a paper company here to obtain the legal person name, and then conduct various investment activities and activities in the name of the paper company around the world (except BVI). business activities.

The benefits and advantages of BVI company registration

As one of the most popular offshore company registration places, the British Virgin Islands (bvi) has

BVI islands are places with very stable political, economic and trade environments, and a registered BVI company will have a good business environment.

BVI islands have good financial legal facilities, which are convenient for the establishment and development of various financial institutions or foundations. Registering a BVI company can make full use of this.

The BVI island government protects the interests of shareholders and does not need to publish the identity of the beneficiary

In order to encourage economic development and attract foreign investment, the local government can completely own a BVI limited company

The BVI island government provides privacy protection for companies, and the information of directors is absolutely confidential. After registering a BVI company, you can operate with confidence

BVI islands have low tax rates, and islands international limited companies are subject to very little tax control

BVI islands do not need an auditor's report, just keep the information to reflect the economic situation.

Profits from operations in BVI islands are not required to pay profits tax. After registering a BVI company, the triangular trade can achieve the purpose of reasonable tax avoidance.