Company Setup in BVI made Efficient with BSW
The British Virgin Islands (BVI) stands out as a global leader in offshore company incorporation, attracting businesses worldwide with its streamlined processes and favourable regulations. The strategic location of the country along with its tax incentives are the major reasons why entrepreneurs are drawn here. Availing the assistance of a professional consultancy like Business Setup Worldwide (BSW) can help ease the offshore company setup process.
Why choose BVI as an offshore destination?
BVI adopted the International Business Companies Ordinance in 1984, and since then, a significant number of offshore companies have been registered here.
Some of the reasons why BVI is the go-to destination for registering an offshore company are listed below:
- A BVI offshore company is exempt from income tax on interests, rents, royalties, dividends, capital gains and other compensations of the company. The company is also exempt from stamp duty which is applicable at the time of transferring any type of property such as assets, debt obligations, shares and other securities.
- A BVI offshore company must have a single owner, shareholder and director and all of these positions can be held by the same person.
- The company's shareholders and directors can be of any nationality
- Holding an annual meeting in the country is not mandatory. It can be held anywhere in the world.
- The offshore companies in BVI are obligated to file an annual return within nine months after the end of the fiscal year. All the accounting details of the company will be disclosed publicly.
- All the personal information of the beneficial owner, shareholder, and director will be kept confidential at the office of the registered agent. The only documents that are publicly available are the Memorandum of Association (MoA), Articles of Association (AoA) and the Register of Directors.
Avail BSW’s Services for BVI Company Registration
The BVI offshore company formation can be complex and requires a thorough understanding of the process. Here, professional assistance from consultancies such as Business Setup Worldwide can be helpful. It has a proficient team of expert business consultants with knowledge of company registration in BVI.
With BSW at your disposal, you can opt for the following services:
- Company Registration Services
With a proven track record spanning 7+ years, Business Setup Worldwide takes the stress out of overseas business registration, empowering you to focus on your entrepreneurial journey. They offer a complete package for British Virgin Islands company formation which includes annual reporting and the services of a registered agent.
- Account Opening Services
A corporate bank account is essential for a smoothly operating BVI company.. Maintaining a bank account will ensure effortless business operations and safeguard your finances. Numerous banks are available for corporate account opening in the BVI, and Business Setup Worldwide will help you choose the best one suitable for your business.
BSW's streamlined process elevates client's experience
BSW has designed and developed a workflow for the formation of the BVI offshore company which will help set up the company in a hassle-free manner. To avail of their services, the following steps must be followed:
- Fill out the Application form:
Fill out the online form on the BSW website providing the company structure and other key details.
- Prepare the Documents
Once you fill out the form, their consultants will contact you within 24 hours. You will be asked to submit the relevant documents, such as the MOA, AOA, and Register of Directors, as verification documents.
- Obtain Government Approval
Once you have finalized your company details, you must pay the government fees associated with obtaining official approval.
- Avail Additional Services
After company incorporation in BVI, BSW experts can provide additional services, such as opening a bank account for the business, if required.
- Receive Company Kit
Once the whole process is completed, you will receive the company incorporation kit, which contains the necessary documents for the smooth operation of the business.
Why Choose BSW for Company Registration in BVI?
By seeking the expert assistance of BSW, you will be able to set up the offshore company without much hassle and take advantage of the customized business solutions that it provides.
Here are some of the advantages of availing the services of Business Setup Worldwide:
- BSW provides a streamlined and hassle-free offshore company setup process to its clients.
- The BSW business consultants are knowledgeable about company registration in the BVI and can help you understand the jurisdiction's business environment.
- BSW offers affordable company setup packages and also provides the option to customize the business package if required.
From company formation in the BVI to business renewal, BSW takes pride in assisting entrepreneurs by providing tailored services according to their business requirements. With its expertise and quality services, Business Setup Worldwide can assure the success of businesses in the British Virgin Islands.
