Main Characteristics

Kind of company Company (BC)
Legislation and authority BVI companies are regulated according to the Business Companies Act 2004 and reference authority is BVI Financial Service Commission
Information about company directors There is not a public register with company directors’ names
privacy Fully guaranteed
Accounting duties No obligation of bookkeeping
Taxation No taxes
Standard currency US $
Time of Constitution Well-functioning Register Office
Stability Stable jurisdiction
Communications Good means of communication
Time zone GMT -4.
Secretary obligations Not required
Legal system of reference Common Law.
Capital to pay No minimum capital required
Minimum number of Directors/Shareholders At least 1 Director/Shareholder
Share to the bearer Share to the bearer not allowed
Costs Tariffs: € 1.090 for company constitution – € 890/ year for its maintenance