Incorporation of Offshore Companies
Jurisdiction: British Virgin Islands (BVI)
BVI Limited Liability Business Companies may carry out any lawful business purposes and they are not required to state the objects for which the company is formed in the memorandum of association. A Limited Liability Business Company that does not wish to do business in the BVI is not required to hold any trade licenses, it is not subject to any income tax, and it does not have to file annual reports or tax returns. Directors and shareholders may be natural persons or corporations and do not need to be residents of the BVI.
Shares may be issued to bearer or in registered form. However bearer shares must be deposited with an authorized custodian duly recognized by the BVI Financial Services Commission (FSC).
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