BVI Company Advantages - 1
Progressive legislation
The British Virgin Islands IBC legislation was introduced in 1984 but was developing and subsequently amended taking into consideration the changes required by the persons providing BVI offshore services.
Efficient Incorporation/Registration
Under normal circumstances, BVI Corporations can be incorporated/Registered within 3 working days.
Flexibility in company structure of an offshore British Virgin Islands Company.
Only one director or shareholder required for the company formation.
Shareholder(s) and director(s) may be the same person.
The shareholder(s) and director(s) can be a natural person or a corporate body.
There is no requirement of appointing local shareholder(s) and director(s) for British Virgin Island Companies.
There is no requirement of resident secretary.
The British Virgin Islands IBC legislation was introduced in 1984 but was developing and subsequently amended taking into consideration the changes required by the persons providing BVI offshore services.
Efficient Incorporation/Registration
Under normal circumstances, BVI Corporations can be incorporated/Registered within 3 working days.
Flexibility in company structure of an offshore British Virgin Islands Company.
Only one director or shareholder required for the company formation.
Shareholder(s) and director(s) may be the same person.
The shareholder(s) and director(s) can be a natural person or a corporate body.
There is no requirement of appointing local shareholder(s) and director(s) for British Virgin Island Companies.
There is no requirement of resident secretary.
