British Virgin Islands
company formation.
The classic offshore company — flexible, private and tax-neutral.
Main characteristics+
- Entity type
- BVI Business Company (BC)
- Corporate tax
- No corporate income tax on business carried on outside the BVI (tax-neutral).
- Formation time
- 1–2 working days
- Ownership
- 100% foreign ownership allowed
- Local director
- No local director required
A British Virgin Islands offshore company is ideal for+
Best for
- →Holding assets
- →International trade
- →Joint ventures
Highlights
- ✓Tax-neutral
- ✓Strong confidentiality
- ✓Flexible structuring
- ✓No minimum capital
Documents required+
- ✓Certified passport copy for each director, shareholder and beneficial owner
- ✓Proof of residential address dated within 3 months (utility bill or bank statement)
- ✓Two or three proposed company names, in order of preference
- ✓A short description of the intended business activity
- ✓Shareholding structure (who owns what percentage)
- +Professional or bank reference letter (some jurisdictions)
- +Curriculum vitae / résumé of the main owner (some cases)
The process+
Tell us what you need
Pick a jurisdiction and structure, or let us recommend one from your goals and residency.
Submit details & documents
Share director, shareholder and beneficial-owner details and upload your KYC documents securely.
We handle the filing
Name check, drafting and registration with the local authority — you stay updated throughout.
Receive your company
Get your incorporation pack, then add banking, accounting or compliance support as needed.
British Virgin Islands FAQ.
Everything visitors usually ask about British Virgin Islands — answered upfront.
How long does it take to set up a company in British Virgin Islands?+
Typically 1–2 working days once your documents are complete and verified. We keep you updated at each stage.
How is a British Virgin Islands company taxed?+
No corporate income tax on business carried on outside the BVI (tax-neutral). This is general information only — confirm your position with your own tax adviser, as it depends on your residency and activity.
Do I need a local director in British Virgin Islands?+
No local director required. Where a resident director or local substance is needed, we can arrange a compliant solution.
Can a foreigner own 100% of a British Virgin Islands company?+
100% foreign ownership allowed. You do not need to be a resident or citizen to own the company.
What type of entity will I get?+
A BVI Business Company (BC). It is the standard vehicle used for international business and holding in British Virgin Islands.
Do I need to travel to British Virgin Islands?+
In most cases, no. The formation is completed remotely with certified documents; we tell you upfront if any step requires your presence.
What documents do I need to start?+
A certified passport copy and a recent proof of address for each owner and director, plus your proposed company name and business activity. The full list is confirmed with your quote.
What is a British Virgin Islands company best used for?+
Commonly: holding assets, international trade, joint ventures. Tell us your goals and we'll confirm whether British Virgin Islands is the right fit.
How much does a British Virgin Islands company cost?+
It depends on the structure and any extra services (banking, accounting, nominee, apostille). Request a quote and you'll get a clear, itemised proposal — no obligation.
Start your British Virgin Islands company.
Fill in as much as you can — the more you share, the more precise your quote. No obligation.
British Virgin Islands companies start at US$3,850 · final price confirmed in your quote