Setting up Business in BVI
BVI Business Companies (BC)
Advantages and Information
Atrium BVI can provide you full guidance and advisory in BVI.
General Overview
The British Virgin Islands (BVI) is a leading offshore financial jurisdiction, well known for its modern and flexible corporate laws, political stability, and strong privacy protections.
Companies are typically incorporated under the BVI Business Companies Act, 2004, which supports a wide range of business activities and corporate structures.
Key Advantages
- Remote and Digital Incorporation Procedures
- Zero corporate tax, capital gains tax, and withholding tax;
- Full foreign ownership allowed
- No exchange controls
- Privacy
Corporate Requirements
| Company Name | Must be unique and not misleading or restricted |
| Company Type | Commonly a Company Limited by Shares |
| Minimum Shareholder(s) | 1 (individual or corporate, no nationality restriction) |
| Minimum Director(s) | 1 (individual or corporate, no residency required) |
| Company Secretary | Optional |
| Share Capital | No minimum requirement (commonly USD 50,000 authorized) |
| Bearer Shares | Not permitted (abolished for regulatory compliance) |
| Regulated Agent | Mandatory – must be licensed and located in the BVI |
| Company Office | Required – must be maintained in the BVI |
Local Requirements
| Regulated Agent | Every BVI company must appoint a local licensed registered agent, to manage all legal compliance. |
| Company Office | A local office must be maintained at the premises of the regulated agent. |
Annual Requirements
| Annual Renewal Fees | Payable to maintain company in good standing (due on incorporation anniversary) |
| Annual Return | Required from 2023; must be filed with the regulated agent (not public) |
| Financial Statements | No filing requirement, but records must be maintained for 5 years |
| Economic Substance Reporting | Required if the company conducts certain relevant activities |
| Tax Filing | None for non-resident companies; no corporate taxes |
| Meetings | Not required to be held in BVI |
| Audit | Not mandatory unless specifically required under another regime |
Interested to Incorporate in BVI?
Contact our Advisors for more information and procedures.
Our Services & Responsibilities
Atrium BVI it's an independent Corporate Consultancy company that provides BVI companies guidance, consultancy, international business structuring and ongoing corporate administration coordination, offering tailored solutions to clients worldwide looking to incorporate in BVI.
Official company incorporations, registrations, statutory filings and annual corporate maintenance procedures are exclusively carried out by independent Registered Agents and authorized professionals in the relevant jurisdiction.
Atrium BVI coordinates these services, providing clients with professional guidance, administrative assistance and ongoing support, while promoting transparency and compliance with applicable legal and regulatory requirements.
Legal Disclaimer
The information and materials provided on this website should not be construed as an invitation, solicitation, advice, or recommendation to engage in the purchase of products and services offered by Atrium BVI. We strongly recommend that individuals initiate preliminary consultations before considering any such transactions.
Atrium BVI refrains from providing legal or tax advice without prior consultation with attested professionals who possess the necessary skills and expertise.
The information presented on this website is intended exclusively for general guidance and informational purposes. It should not be considered a source of advice for financial or tax-related decisions and should not be used as a substitute for personalized professional consultation.
It is crucial to note that Atrium BVI is not a financial institution and does not provide any sort or financial services. Our specialization lies in corporate consulting and management services.
This website primarily serves as a promotional and marketing platform for Atrium BVI. We strongly encourage potential clients to seek guidance from qualified tax professionals in their respective countries to evaluate their unique tax implications before pursuing any strategies discussed on this site.
Given the diversity of laws across different countries, frequent legal amendments, and varying court interpretations, it is essential to verify any information related to tax optimization with competent legal counsel. While we strive to maintain the accuracy of the content on this website, Atrium BVI cannot be held responsible for any direct or indirect losses or damages resulting from actions taken or not taken based on the information provided here. We do not make warranties regarding the completeness, accuracy, or reliability of this information, and we cannot guarantee that it is always up to date. Atrium BVI disclaims all liability for any losses or damages, whether direct or indirect, arising from the application of the information presented on this website. This includes, but is not limited to, losses, damages, or expenses arising from defects, errors, mistakes, inaccuracies, or the reliability of this website, its content, or related services. It also encompasses instances of unavailability of the site or its contents and related services.
Notice About Restricted Customers (Citizens)
In adherence to our internal policies aimed at preventing fraudulent activities and ensuring compliance with our internal Anti-Money Laundering policies, we regret to inform you that we do not offer consultations, email support, onboarding activities, or customer care services to individuals/entities from countries blacklisted by the Organisation for Economic Co-operation and Development.