British virgin island company registrations
Offshore in BVI
BVI Company Formation - BVI Offshore Company Incorporation - BVI Offshore Companies
The BVI is one of the first jurisdictions where the special rules for offshore company registration were applied. There are no requirements for annual returns, annual meetings, or audited accounts. Undue influence was the issue at stake in a judgment of the Royal Court of Jersey this month. If the company has one Director, the reserve Director is required. Australia Sydney New Zealand. The company should have at least one shareholder, and bearer shares are allowed. Shares may be issued fully paid, partly paid or unpaid; Setting a registered office in the BVI which must be a physical address.
It is recommended that shares be issued immediately after incorporation otherwise the directors become liable for all contracts initiated by the corporation. Registered Office service to December following incorporation,. BVI Company Formation One of the following company types should be formed in order to facilitate offshore operations: The BVI IBC is very quick and simple to incorporate, it requires minimum administration, at the same time providing privacy, asset protection and limited liability. None of this information is filed with the Registrar and confidentiality remains, as these names are not listed in the public records. BVI corporations do not need to share information about officers, directors, owners, or shareholders in any public records.