Offshore Companies

Choose the jurisdiction which best suits your needs

British Virgin Islands

Why choose this jurisdiction when starting a business?
The British Virgin Islands (BVI) is a British overseas territory, located in the Caribbean to the east of Puerto Rico.

The islands make up part of the Virgin Islands archipelago. BVI consist of the main islands of Tortola, Virgin Gorda, Anegada and Jost Van Dyke, along with over 50 other smaller islands and cays. Around 15 of the islands are inhabited. The largest island, Tortola, is approximately 20 km (~12 mi) long and 5 km (~3 mi) wide. The islands have a total population of about 22,000. Road Town, the capital, is situated on Tortola. One of the leading elements of the economy is offshore banking and offshore company formation.

The British Virgin Islands are among the most prosperous islands in the Caribbean, with the main source of revenue being tourism and the financial sector. With a politically stable government, a UK based system of law and English as the official language, the BVI is an attractive jurisdiction to register a company. The BVI is one of the world’s leading finance centres offering stability with a progressive and democratic society. The financial sector is responsible for just over 50% of total government revenues.

What are the benefits of incorporating in the BVI?

BVI has a “Territorial Tax System” which means IBCs (International Business Companies) that incorporate in the BVI but do business outside of the country are not taxed. Companies don’t have to pay taxes on income, capital gains, customs duties, sales, profits, inheritances, dividends and interests.

Choosing the British Virgin Islands (BVI) as a jurisdiction for starting a business can be attributed to several factors that make it an attractive destination for entrepreneurs and businesses. Here are some reasons why people choose the British Virgin Islands for business:

Tax Benefits
Privacy and Confidentiality
Asset Protection
No Currency Controls
Political and Economic Stability
Ease of Doing Business
Strategic Location

It’s important to note that while the British Virgin Islands offers numerous advantages, each business owner should carefully consider their specific needs, industry, and long-term goals before choosing a jurisdiction.

Additionally, our Team of Legal and Financial Experts will provide you all the professional advice, to ensure compliance with local regulations and international business standards.

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Business-friendly operating environment

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Strong partnerships between business and government

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Efficient Incorporation and Registration

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Flexible corporate
structure

Packages and Prices

British Virgin Islands

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Standard
Package

The cheapest option company formation, payment government fees, registered office, local registered agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.

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Business
Package

A special package with all services as included on the Standard Package, plus our Bank Account opening services with a local bank based in UAE, providing account opening remotely, and offering you online banking, multi-currency account, debit cards and all other major banking services you may need.

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Premium
Package

A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.

Advantages

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An internationally recognised, innovative regulatory regime.
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A well-developed and professional corporate infrastructure.
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A business-friendly operating environment.
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Strong partnerships between business and government.
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Efficient company formation and administration processes.
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Enduring political and economic stability.
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An internationally renowned and respected commercial court.
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No currency controls.
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Tax-neutrality (no capital gains tax, value added tax or withholding tax, etc.).
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Efficient Incorporation and Registration, BVI Corporations can be incorporated and registered within 3 working days.
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Flexibility in company structure of an offshore British Virgin Islands Company.

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High confidentiality, due to no sensitive personal information available on public file.
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Security of assets, i.e. the ability to protect assets from third parties, including tax authorities of your home country.
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No minimum issued share capital requirements.
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Offshore companies exemption from local taxes and stamp duties (except for registration fee and annual license/franchise).
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There is no requirement for meetings of shareholder(s) and/or director(s). Meetings if thought necessary can be held anywhere in the world.
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Directors can be individual or corporate bodies.
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No requirement to register initial or ongoing changes in Directors; registration can be made at any time; it is required to file Registers of Directors, but information about them will remain confidential.
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No requirement to file the Register of Shareholders, No requirements to file organizational or financial information with the Registrar of Companies (except for Memorandum & Articles of Association).
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Share registers are available only for registered shareholders or by order of the BVI Court.
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No requirements to file accounts or annual summaries with the Government, only the annual fee form should be completed and filed by the registered agent in the BVI.
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No place limitations for maintaining company books and records.
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Flexible post-incorporation services.
Atrium will check the name availability of the company (whether there is no company under such name already).
In BVI the law requires that all financial service providers know the identity of their client so the actual contact details must be indicated at the Registry Agent. This information remains confidential.

Besides a brand-new company, Atrium also offers you the option to buy a ready-made company from the list available.

How can we help you?

Should you have any question, our Business Development Managers team will be ready to guide and assist you!