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BVI, which is the abbreviation of the English name of the British Virgin Islands, is also a kind of offshore company, which is currently one of the famous offshore jurisdictions in the world, with nearly 300,000 companies registered in the local area, so BVI has become an important part of the offshore company, so what is the process of BVI offshore company registration? What documents do I need to prepare? What are the advantages?
Next, I will explain them one by one.
If you want to register an offshore company in BVI, you need to make relevant preparations, such as the following items are particularly crucial: 1. Draw up the company's name and the amount of shares; 2. Determine the company's shareholders and directors; 3. Determine the number of shares held by shareholders; 4. Sign the contract for the establishment of a BVI company; 5. Prepay the fees related to the establishment of the company, etc. Before registering, investors must do all of this.
Company name requirements for BVI registration of offshore company:
Generally, the BVI company name must include "Ltd."”、corp.”、inc.
or". Must not contain words such as "bank", "insurance" or any other word that has any association with the local**. Generally, English and French names are used, because more Chinese register companies on the island, so the local ** has allowed the registration of Chinese names, but not every BVI offshore company registration place allows the use of Chinese names, which needs to be understood before registration.
BVI offshore company registration process:
1. Submit a satisfactory company name for search;
2. Submit the detailed power of attorney and agreement that have been filled;
3. Sign the agreement according to the conditions agreed by both parties;
4. Pay the advance payment (generally 75% of the cost);
5. Sign a full set of registered company documents and articles of association;
6. Approval process;
7. Make a green box (the green box contains articles of association, seals, ** books and other documents).
Benefits of BVI Offshore Company Registration:
1. Generally speaking, islands are places with a very stable economy and environment, and they have better financial and legal facilities;
2. Offshore company registered in BVI does not need to pay any local taxes, only need to keep information to reflect the economic situation;
3. There is no foreign exchange control, the tax system is reasonable, and all local taxes and stamp duties are exempted from overseas;
4. The registered capital of the registered company does not need to be in place, and bank accounts can be opened all over the world.
5. No need for a company secretary;
6. It will protect the rights and interests of shareholders, provide privacy protection for enterprises, and ensure the absolute confidentiality of directors' information;
7. Enterprises do not need to submit any returns or financial statements to the local government.
At present, BVI offshore company registration is very popular, for the specific process and advantages of registration, Hanniu has been introduced in detail for you above, if you are interested, you can come to a more in-depth and comprehensive understanding.
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1.The political, economic and ** environment is very stable; 2.There are good financial legal service institutions to facilitate the establishment and development of various financial institutions or enterprises; 3.
To protect the interests of shareholders; 4.The registered company is not limited by the number of shareholders, and one person can also be incorporated****; 5.**Provide privacy protection for all enterprises, and the information of directors is absolutely confidential; The company is subject to very little tax control and does not need an audit report from an accountant, as long as the information is kept to reflect the economic situation; The company operates offshore and all profits are not subject to tax.
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BVI Company Advantages.
1. Market stability.
The economic and political environment of BVI is very stable, and the financial laws are perfect, which is convenient for the registration and establishment of overseas offshore companies, various financial institutions or professional associations.
2. The company registration is simple.
BVI company registration is relatively simple, not limited by the number of shareholders, the company's business scope is wide, there are few restrictions, only one person can be registered****.
3. Confidentiality.
BVI** provides privacy protection for all enterprises, protects the interests of shareholders, and the information of directors is absolutely confidential, without the need to disclose the identity of the beneficiary, nor do they need to be inspected by the company.
4. Relaxed tax control.
BVI offshore companies do not need to pay to the British Virgin Islands**, the tax treatment is very simple, there is no need to make accounts, tax returns, only need to keep information to reflect the economic situation, and is not subject to foreign exchange regulations.
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Advantages of BVI company setup:
The conditions for setting up a BVI company are very relaxed, and the cost is very low, as long as one dollar to set up a BVI company. The BVI's international business corporate law and tax law are designed to be very flexible and flexible for investors outside the BVI, so it is classified as a "tax haven". Generally, companies engaged in holding, finance, insurance and overseas** will choose to register offshore companies in this type of tax haven.
1. The local political, economic and environmental environment is very stable; There are good financial and legal facilities to facilitate the establishment and development of various financial institutions or associations.
2. In order to encourage economic development and attract foreign investment, a person can completely own a family; At the same time, the interests of shareholders are protected, and there is no need to disclose the identity of the beneficiary.
3. Provide privacy protection for all enterprises, and the information of directors is absolutely confidential.
4. Low tax rate and very little tax control; Profits derived from foreign operations are not subject to profits tax, so as to achieve the purpose of reasonable tax avoidance; There is no need to provide an auditor's report, and only the information needs to be retained to reflect the economic situation.
5. The company can set up corporate accounts in banks all over the world.
6. The company's follow-up services are simple, confidential, tax-free, stable political and economic environment, and convenient for financing and listing.
7. CBIBANK BVI is the first choice for company account opening, and the company's follow-up service is simple, time-saving and convenient.
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Benefits of registering a BVI company company:
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 the process of registering BVI companies is relatively fast when applying for listing approval:
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.
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1. The registration and maintenance fee of the company is low, and it can be automatically cancelled if it is not used.
2. In order to encourage economic development and attract outflows, a person can completely own a ****.
3** Provide privacy protection for the company, the information of the directors is absolutely confidential, and there is no need to accept the company's inquiry.
4BVI company is based on English common law and has good financial and legal facilities, which is convenient for the establishment and development of various financial institutions or associations, and is well received by foreign investors.
5** To protect the interests of shareholders, there is no need to declare the beneficiary, no need to declare the annual profit and financial status.
6 No audit report is required, as long as the information is retained to reflect the economic situation.
7. With a low tax rate, the tax control of the island international **** is relatively small, and the profits obtained from foreign operations do not need to pay profit tax, so as to achieve a reasonable tax avoidance.
Enterprises on the 8 islands can open bank accounts all over the world, with simple follow-up services, strong confidentiality, tax exemption, stable political and economic environment, and easy financing and listing.
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BVI Company Advantages. 1.There is no need to submit audited accounts;
2.Company names can be used in both Chinese and English;
3.Places where the political, economic and environmental conditions are very stable;
4.There are good financial and legal facilities to facilitate the establishment and development of various financial institutions or associations;
5.** To protect the interests of shareholders, there is no need to disclose the identity of the beneficiary;
6.In order to encourage economic development and attract foreign investment, a person can completely own a family;
7.**Provide privacy protection for all enterprises, and the information of directors is absolutely confidential;
8.Low tax rate, Island International **** is subject to very little tax control, no need to declare taxes and pay any taxes;
9.There is no need for an auditor's report, only the information needs to be retained to reflect the economic situation;
10.Profits derived from foreign operations do not need to pay profits tax, and the purpose of reasonable tax avoidance can be achieved in the form of triangles;
11.There are no foreign exchange controls, foreign currency can be freely imported and exported, and accounts can be opened in banks around the world.
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1. BVI is completely secret, anonymous, and does not need to file an annual report.
2. BVI companies are not required to pay local taxes for their business activities outside the place of incorporation, and there is no foreign exchange control.
3. BVI companies are allowed to have one director, shareholder.
4. There is no restriction on the directors of the BVI company, and the nationality and residence of the shareholders do not need to be declared for the change of directors.
You can ask Ruifeng Deyong.
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Advantages of applying for BVI company registration:The company's business operation is convenient and the tax system is reasonable.
The company is completely confidential.
Companies are not required to declare beneficiaries.
Companies are not required to declare annual profits and financial status.
The company is not required to hold annual shareholders' meetings or a board of directors on a regular basis.
Corporate Taxation: Overseas offshore BVI companies are exempt from all local taxes and stamp dutiesCompany Property Protection: Limit property protection, convenient transfer of fundsCompany confidentiality:
Overseas offshore BVI companies are not required to disclose their financial status or direct information about the shareholders and directors of the applicant BVI company.
Corporate flexibility: The shares of overseas offshore BVI companies can be bought and sold freely.
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1. The local political, economic and environmental environment is very stable; There are good financial and legal facilities to facilitate the establishment and development of various financial institutions or associations.
2. In order to encourage economic development and attract foreign investment, a person can completely own a family; At the same time, the interests of shareholders are protected, and there is no need to disclose the identity of the beneficiary.
3. Provide privacy protection for all enterprises, and the information of directors is absolutely confidential.
4. Low tax rate and very little tax control; Profits derived from foreign operations are not subject to profits tax, so as to achieve the purpose of reasonable tax planning; There is no need to provide an auditor's report, and only the information needs to be retained to reflect the economic situation.
5. The company can set up corporate accounts in banks all over the world.
6. The company's follow-up services are simple, confidential, tax-free, stable political and economic environment, and convenient for financing and listing.
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1.Investment Environment: The political and economic environment of the British Virgin Islands is very stable2
Shareholder information: ** to protect the interests of shareholders, there is no need to disclose the identity of the beneficiary, and the information is completely confidential3Financial Reporting:
The company does not need an audit report from an accountant, such as declaring profits and financial status4Corporate Taxation: Exemption from tax on any business activities carried on outside the BVI5
Company operation: The company can open a bank account all over the world, buy and sell shares by itself, and raise funds to go public.
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