British Virgin Islands company (BVI)
- Your Company in BVI in 2-3 days.*
- The most competitive price, in complete transparency.
- Client private data protection via secured systems.
- A dedicated manager available throughout the year.
- Your company and its application for a bank account, including eBanking and credit card.
General Information
The British Virgin Islands (BVI) is a British Overseas Territory located in the Caribbean, approximately 60 miles east of Puerto Rico, consisting of around 60 islands and cays, with Tortola as the largest island and Road Town serving as the capital.
Although the BVI has its own government and constitution, originally enacted in 1976 and revised in 2007, the United Kingdom retains responsibility for key areas such as foreign affairs, defense, internal security, and the judiciary.
Recognized globally as one of the most reputable offshore financial centers, the BVI has been instrumental in setting international standards for offshore legislation. Its flagship Business Companies Act, 2004 has influenced corporate laws in many other jurisdictions, establishing the BVI as a model for modern, flexible, and business-friendly regulation.
Company incorporation in the BVI is efficient and straightforward, typically completed within 2 to 3 business days, making it a favored jurisdiction for international structuring, asset protection, and investment holding.
BVI company main characteristics:
| Company type | Business Company (BC) |
| Governing corporate legislation | The BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004. |
| Information published relating to company officers | There is no public register of company officers. |
| Confidentiality | The BVI offers a high level of anonymity and privacy. No officer name is disclosed to the registrar upon company registration. |
| Accounting requirement | No accounting / reporting requirements. N.B. As per Section 98 of the Business Companies Act 2004 (Amended) a company must keep such records and underlying documentation as necessary to establish its financial situation and explain its transactions |
| Taxation | No taxes of any sort. |
| Legislation | Modern offshore legislation. |
| Standard currency | US$ |
| Time to form | The BVI has a fast and efficient registry: it takes about 48 hours to register a company. |
| Stability | Stable jurisdiction with a very good reputation. |
| Communication | Efficient communication means. |
| Time zone | Convenient world time zone: GMT-4 |
| Secretary required | No |
| Paid up capital requirement | No paid up capital requirement. |
| Basis of legal system | Under Common Law. |
| Minimum directors/shareholders | Minimum of 1 director/shareholder |
| Bearer shares | Bearer shares are not permitted. |
EU-Based Entity Formation
Establishing a European corporate presence provides access to one of the world’s largest single markets and a broad network of suppliers and partners. Operating as an EU-registered company enhances credibility and offers the potential to engage in intra-EU trade under the reverse charge mechanism, allowing for VAT-neutral transactions between VAT-registered businesses.
Offshore company
Establishing an international company in a tax-efficient jurisdiction can support cost optimisation and improved capital allocation. When structured and managed correctly in accordance with applicable laws, such entities may benefit from favourable tax treatment. This can enable businesses to reinvest a greater portion of their earnings into growth and development.
Bank accounts
Let us handle the paperwork while you focus on your business. With LinkedEurope, your bank account can be opened within a month — quickly, efficiently, and without hassle.