What are the costs and benefits of the BVI company registration process?

BVI Registration Conditions.

1.It is usually US$50,000 at US$1 per share. The standard authorized capital is generally US$50,000, divided into US$1 per share, a total of 50,000 shares; The practical capital is generally one share with or without a par value.

2.At least one shareholder is required, and the personal information of the shareholder does not need to be disclosed. However, it is necessary for the register of shareholders to be kept at the company's registered office in the BVI. The company may issue either registered or bearer**.

3.At least one director is required. Directors can be legal or natural persons and are not subject to nationality.

4. All BVI companies are required to appoint a registered person.

5.There is no need to file tax returns or file financial statements.

6.It is necessary to use the name of Limited, Corporation, Incorporated, Societe, Anonyme or Socieded

Anonima or abbreviation of the above words concludes. Unless specifically agreed, the company name cannot use assurance, bank, building

society、chamber of

commerce、chartered、cooperative、imperial、insurance、municipal

Nouns such as royal or trust.

7.BVI offshore companies (offshore companies) are not subject to any local taxes.

8.It is necessary for the company to have a registered address in the British Virgin Islands.

9.It is necessary to pay every year, and it will be added as the registration capital increases.

The process of registering a BVI company is as follows:

1. Submit the company name for verification.

2. Provide the ID cards of directors and shareholders.

3. Provide the proportion of shareholders in the shares.

As an old offshore company registration place, the reason why BVI company has attracted the favor of many investors is mainly based on the following reasons:

1. BVI, together with Bermuda and the British Virgin Islands, is known as the world's three largest offshore company registration places, which are the places with the largest number of offshore company registrations in the world.

2. Listing may be one of the most important reasons for the well-known Cayman company, BVI company is well-known by enterprises, due to the fact that there is no lack of BVI company in the overseas listing structure of many domestic enterprises, and the company has become one of the few territories that can be listed in Hong Kong and Singapore in North America and Asia;

3HKEX consultants are more experienced in the operation of BVI companies and are relatively quick to apply for listing approval.

This is more, no need to pay taxes account confidentiality, free.

The registration of a BVI company with a simple structure is about more than 1,000 US dollars, and the structure is complex and the specific price is calculated.

Benefits: Simple, no tax audit, use of holding structure, trust, etc.

Hello! British Virgin Islands, abbreviated as BVI. It is one of the fastest growing offshore investment centers in the world, and companies registered here are known as BVI companies, which are commonly used in VIE trading structures for overseas or Hong Kong listings.

The British Virgin Islands is one of the world's largest offshore financial centres and a well-known tax haven centre.

Applying for company requirements and completing relevant documents.

1.The application for BVI companies is relatively simple, and you only need to provide the identity of the director, passport and passport** when applying.

2.The processing period of BVI companies is relatively short, which can be completed in about three weeks.

3.After the completion of the company application, you can obtain the certificate of registration, articles of association, minutes of the first meeting of directors, letter of appointment of directors, register of directors and shareholders, letter of guarantee, ** copy, certificate of incumbency of directors, official seal and seal.

If you don't understand the belt, you can ask me again.

This BVI is the British Virgin Islands, known as one of the world's most famous offshore company registration places, there are international large enterprises, there are also many well-known Chinese enterprises, so, how to register a BVI company, what are the processes? After reading this article, you will understand

1. The process of registering a BVI company

(1) Company name

Like domestic companies, registered companies must check whether the company name has the same name, BVI company name is free, can be in English or Chinese English coexists, there can be no separate Chinese name, and Chinese and English company names need to have corresponding translations.

(2) Fill in the power of attorney and sign the agreement

After the verification of the company name is completed, it is necessary to prepare a power of attorney for the registered company and sign the corresponding agreement, which generally requires a copy of the passport or ID card of the shareholders and directors, a valid address certificate, a registered capital and a share distribution ratio.

(3) Submission of documents and delivery fees

Once the documents are ready, you can submit your application for incorporation to BVI** and pay the relevant fees (mainly the licence fee for the first year).

(4) Make a document box

After receiving the certificate of incorporation, you can start to make a full set of documents (including the certificate of incorporation, articles of association, ** copy, notebook, seal, etc.).

(5) Submission of information

After the production of the company's information box is completed, the information box can be handed over to the customer who applies for Zhiwang registration together with a full set of information of the BVI company to complete the registration of the BVI company.

(6) Sign-back documents

(7) Document preparationBVI company registration is completed.

During this period, the processing time will take about 15 days of work. In case of special circumstances, it may take longer.

2. Information to be prepared

1) Provide the name of the BVI company to be registered.

2) At least one shareholder and director (ID card, passport and proof of personal address).

3) Proportion of shares to shareholders and directors.

The company's standard registered share capital is 50,000 shares, there is no minimum, bearer ** can be issued, and the general mainstream international currency can be used as the share capital unit, and most customers will choose US dollars.

4) Sign the Company Due Diligence** and Company Registration**.

In the registration of offshore companies, BVI companies are the choice of many people. What are the benefits of registering a BVI company? Let's follow MIND Enterprise Service to find out.

1. The company does not need to pay income tax to the British Virgin Islands**. Tax breaks are essential for businesses that want to remain affordable and successful start-ups.

2. The documents that must be filled out must be internationally renowned, so they are easy to use when dealing with the global banking system, investment accounts, and other types of financial institutions. With so many companies formed here, the documents used by the British Virgin Islands are recognized all over the world, creating a sense of comfort due to the familiarity of the English legal system with the whole world.

3. You don't need to pay a lot of money to build and maintain your business in BVI.

4. Neither the FATF nor the OECD blacklist the BVI as a domicile for offshore services. So, when forming a company here, you can be sure that the jurisdiction is well respected.

5. Your company is not required to share information about officers, directors, owners, or shareholders. None of this information was submitted to the registrar, and confidentiality Paifan still exists because the names are not listed in the public record.

6. The BVI does not restrict you to start a business or buy a property in **, providing business owners with a variety of options.

7. It's also easy to move a company from the BVI to another jurisdiction if you need to. That is, you can convert your BVI company to a Nevis, Wyoming or Belize company.