Bvi company advantages - 2
Privacy for identity of principals
The BVI incorporation documents do not carry the name or identity of any shareholder of director. The names or identities of these persons do not appear in any public record.
Confidentiality
Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries.
Shares and capital requirements For British Virgin Islands Corporations.
Shares can be issued with or without par value;
Shares may be issued in any recognizable currency or in more than one recognizable currency;
Shares may be paid up in cash or through the transfer of other assets or for other consideration;
The standard share capital is USD $50,000 or an equivalent in another recognizable currency.
Minimum capitalization
The minimum paid in and issued capital may be one share which is fully paid.
Taxation of the BVI IBC on Profits
According to the BVI IBC Act of 1984, the offshore companies are exempted from all the taxes for the period of 20 years.
The BVI incorporation documents do not carry the name or identity of any shareholder of director. The names or identities of these persons do not appear in any public record.
Confidentiality
Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries.
Shares and capital requirements For British Virgin Islands Corporations.
Shares can be issued with or without par value;
Shares may be issued in any recognizable currency or in more than one recognizable currency;
Shares may be paid up in cash or through the transfer of other assets or for other consideration;
The standard share capital is USD $50,000 or an equivalent in another recognizable currency.
Minimum capitalization
The minimum paid in and issued capital may be one share which is fully paid.
Taxation of the BVI IBC on Profits
According to the BVI IBC Act of 1984, the offshore companies are exempted from all the taxes for the period of 20 years.
