
Incorporate in British Virgin Islands
Set up a BVI Company
The British Virgin Islands is one of the world’s largest offshore financial centers and a leading center for offshore company incorporation.
The British Virgin Islands has a strong offshore regulatory environment. They have a distinct combination of oversight and a laissez-faire approach which makes it both easy to do business – yet is also reputable with banks and other jurisdictions around the world.
BVI BC companies are commonly-used vehicles for offshore savings and investments, forex and stock trading, professional services, international trade, as well as a holding company, for ship and aircraft registration, captive insurance, and estate planning.
Learn more about incorporating in the British Virgin Islands:
BVI Business Company Formation and First-Year Fees – USD 2,350.00 (All Included)
Note that our incorporation and annual corporate service fees are “all-included fees”, and cover all the necessary services to incorporate a BVI Business Company, and keep it in good standing, as well as government fees and duties, disbursements such as courier fees, and assignments such as the preparation of a certificate of incumbency, and the certification of documents, which are generally required for opening bank accounts.
- All applicable Registration and Government Fees (BVI Registry of Corporate Affairs)
- Preparing the Memorandum & Articles of Association, and providing Registrar’s stamped copy
- Acting as Incorporator of the BVI Business Company
- Providing the Certificate of Incorporation issued by BVI Registrar of Corporate Affairs
- Appointment of First Director(s) by the Registered Agent
- Preparing the Director(s) Acceptance Letter
- Preparing the First Board Resolution resolving the Issuance of Shares and Shares Certificates, Appointment of Directors, Registered Office, etc.
- Preparing the Register of Members and the Register of Directors
- Filing the Register of Directors with the BVI Registrar of Corporate Affairs
- Filing Beneficial Ownership Information with BOSS (Beneficial Ownership Secure System)
- Preparing the Share Certificates
- Providing a Certified set of corporate documents
- Preparing and Executing the Certificate of Incumbency
- Providing the Corporate Seal of the Company
- Registered Office Services, including Business Address, for one year
- Registered Agent Services for one year
- Delivery of Original Corporate Documents, Certified copies of Corporate Documents, and Corporate Seal, inclusive of Courier Fees
Time to form the company
It generally takes us one day to prepare and file the M&AA and the related corporate documentation, and 1 to 3 business days for the Registrar to issue the Certificate of Incorporation, and the stamped M&AA.
Bank Account Opening Services (Optional)
We assist you in opening a bank account for the Company in BVI.
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BVI Bank Account - USD $ 900.00BVI Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsVP BankUSD 250,000NoMulticurrencyYesCIBCUSD 25,000YesUSD, GBP, CAD, EURYesBank of AsiaUSD 20,000NoUSD, GBP, HKDYes
Note that we can also open overseas bank accounts for BVI companies in the following offshore jurisdictions:
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Antigua Bank Account - USD $ 300.00Antigua Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsDBankUSD 10,000YesUSD, EURYesNorth International BankUSD 5,000YesUSD, EURYesGlobal Bank of CommerceUSD 25,000YesUSD, EUR, GBPYes
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Bahamas Bank Account - USD $ 500.00Bahamas Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsDeltecUSD 1,000,000NoMulticurrencyYesCIBC FirstCaribbean International BankUSD 100,000YesMulticurrencyYesEFG BankUSD 1,000,000NoMulticurrencyYesCapital Union BankUSD 500,000NoMulticurrencyYes
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Belize Bank Account - USD $ 300.00Belize Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsHeritage BankUSD 3,000YesMulticurrencyYesBelize Bank InternationalUSD 4,000NoEUR, GBP, USDYesCaye BankUSD 1,000YesUSD, EUR, GBP, CAD, CHF, AUD, AED, CNY, SEK, NOKYes
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Cayman Islands Bank Account - USD $ 700.00Cayman Islands Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsCayman National BankUSD 100,000YesUSD, EUR, GBP, CAD, AUD, JPY, SEK, CHFYesCIBC FirstCaribbean International BankUSD 25,000NoUSD, CAD, CHF, EUR, GBP, JPY, AUDYesNCB Cayman LimitedUSD 100,000YesUSD, EUR, CAD, GBPYes
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Cook Islands Bank Account - USD $ 600.00Cook Islands Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsCapital Security BankUSD 20,000YesUSD, EUR, GBP, CAD, NZD, AUD, SGD, HKDYesClients can have a corporate account for operational purposes only if they open an investment account as well.
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Curaçao Bank Account - USD $ 500.00Curaçao Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsExprinter International Bank N.V.USD 100,000YesMulticurrencyYesCIBC FirstCaribbean International BankUSD 7,500NoMulticurrencyYes
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Dominica Bank Account - USD $ 300.00Dominica Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsEqiBankUSD 15,000YesUSD, EUR, GBPYes
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EMI Bank Account - USD $ 300.00EMI Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsJeton (UK)N/ANoEUR, GBPYesIBSettle (LT)N/ANoEURYesBankera (LT)N/ANoMulticurrencyYesBilderlings (UK)N/AYesEUR, GBPYesCashaa (UK)N/ANoEUR, GBPYesDNBC (CA) (former DSBC)N/ANoEURYesValyuz (LT)N/ANoEURYesGurupay (LT)N/ANoEURYesFinductive (MT)N/ANoEURYes
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Gibraltar Bank Account - USD $ 1,200.00Gibraltar Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsMoneycorp Bank Limitedcase-by-caseNoMulticurrencyYesTuricum Private BankUSD 200,000NoUSD, EUR, GBPYes
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Hong Kong Bank Account - USD $ 2,000.00Hong Kong Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsDBS BankHKD 200,000YesHKD, USD, MulticurrencyYesA business nexus in Hong Kong is strictly required, in the form of clients, suppliers, employees or other counterparties.
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Isle of Man Bank Account - USD $ 1,200.00Isle of Man Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsCapital International BankN/ANoUSD, EUR, GBPYes
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Labuan Bank Account - USD $ 500.00Labuan Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsBank IslamUSD 10,000NoUSD, JPY, SGD, EUR, GBPYesCitibankUSD 250,000NoMulticurrencyYesMayBank International Labuan BranchUSD 25,000NoUSD, EUR, CAD, CHF, GBP, HKD, SGD, JPY, THB, AEDYes
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Liechtenstein Bank Account - USD $ 1,200.00Liechtenstein Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsBendura BankUSD 500,000NoMulticurrencyYesAlpinumCHF 250,000NoMulticurrencyYesCompanies conducting commercial activities (as opposed to only holding assets) must have a physical presence in the form of offices and employees in the country where it is incorporated or tax resident.
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Luxembourg Bank Account - USD $ 1,200.00Luxembourg Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsEast West United BankN/AYesUSD, EUR, GBP, RUB, CHFYesCompanies conducting commercial activities are expected to conduct at least 30 incoming / outgoing transactions per month.
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Mauritius Bank Account - USD $ 600.00Mauritius Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsBank OneUSD 25,000YesMulticurrencyYesCompanies must have some form of business connection to Africa in the form of clients, suppliers or investments.InvestecUSD 50,000YesMulticurrencyYes
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Panama Bank Account - USD $ 1,200.00Panama Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsCredicorpUSD 50,000YesUSD, EURYes
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Puerto Rico Bank Account - USD $ 300.00Puerto Rico Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsArival BankN/ANoUSDYesFV BankCase by caseYesUSDYesCB International Bank LLCN/ANoMulticurrencyYesStrategic BankUSD 100,000NoUSDYes
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Saint Lucia Bank Account - USD $ 300.00Saint Lucia Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsPROVEN BANK (Former BOSLIL)USD 5,000YesUSD, EUR, GBP, HKDYes
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Seychelles Bank Account - USD $ 500.00Seychelles Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsAl SalamUSD 25,000YesUSDYes
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Singapore Bank Account - USD $ 900.00Singapore Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsBank of ChinaSGD 100,000NoUSD, SGD, EUR, GBP, NZD, RMB, AUD, JPY, HKD, CHF, CADYesNexus in the form of client/supplier/partner/contractor in Singapore required.Credit SuisseUSD 3,000,000NoUSD, SGDYesRHBSGD/USD 30,000NoMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.DBS BankSGD 250,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.OCBC BankUSD 30,000YesUSD, SGD, AUD, CAD, HKD, NZD, GBP, EUR, JPY, CHFYesNexus in the form of client/supplier/partner/contractor in Singapore required.UOB BankSGD 350,000YesMulticurrencyYesNexus in the form of client/supplier/partner/contractor in Singapore required.
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Switzerland Bank Account - USD $ 1,200.00Switzerland Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsmbaerCHF 5,000NoMulticurrencyYesCompanies must have an expected turnover of at least CHF 3,000,000Credit SuisseCHF 1,000,000YesMulticurrencyYesMaerki BaumannCHF 50,000YesMulticurrencyYesSygnumCHF 250,000NoMulticurrencyYes
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Vanuatu Bank Account - USD $ 500.00Vanuatu Bank AccountsBankMin DepositCardsCurrenciesRemoteCommentsPacific Private BankUSD 1,500NoEUR, GBP, USDYesOutgoing USD transactions cannot be facilitated.
All our bank account options provide for accounts in major currencies (USD, EUR, GBP, CHF, etc) as well as internet banking facilities. Note that “Remotely/In-person” means whether the account can be opened remotely or a personal visit to the bank is required to finalize the application.
Our bank account opening service is not just a mere introduction to the bank. We assist you in filling out the business plan forms appropriately and help you understand and provide business details, commercial information, and purpose/use of the bank account that a given bank wants to know in order to approve your account application.
Banks want certainty and clarity on how the account will be used. Everything must be watertight. We will work with you to make sure there is minimal ‘back and forth’ and a smooth account opening process.
BVI Company Annual Fees (payable one year after incorporation, and annually thereafter) – USD 1,575.00
- All Applicable Annual Government Fees
- Advising on completion of and filing the Economic Substance Notification
- Filing Beneficial Ownership Information with BOSS (Beneficial Ownership Secure System)
- Maintaining the Minute Book, Registers and Statutory Records
- Providing Registered Agent Service for one year
- Providing Registered Office Service, including business address, for one year
Nominee Services (Optional)
- Nominee Director (Natural Person/Corporation) – USD 800.00 per annum
- Nominee Shareholder (Natural Person/Corporation), including a Deed of Trust – USD 800.00 per annum
*If an Apostilled and Notarized General Power Of Attorney to be designated as attorney-in-fact is required, there is an additional one-time fee of USD 350.00 (Optional)
Other Services (Optional)
- Formation and Maintenance of Limited Partnerships and Segregated Portfolio Companies
- Establishment of Trusts, VISTA Trusts, and Private Trust Companies, and provision of Trustee Services
- Continuation of Foreign Companies
- FSC Registration of Investment Funds and Securities Investment Businesses, and related services
- Economic Substance Services (Local Directorship, Physical Office, Outsourcing, etc.)
- Secretarial Services
- Local Director Services
- Accounting Services
Please, contact us for further information.