BVI
Company Information
Incorporation Features
Procedure to Incorporate

Submission of the Memorandum and Articles of Association and a Certificate from the Registered Agent confirming compliance with the requirements of the ordinance

Restrictions on Trading

Cannot trade within the British Virgin Islands or own real estate there. Cannot undertake the business of banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship, the rendering of investment advice or any other activity that would suggest an association with the banking or insurance industries. They cannot offer its shares for sale to the public.

Powers of Company

A company incorporated in the British Virgin Islands has the same powers as a natural person.

Language of Legislation and Corporatedocuments
English
Name Restrictions

Any name that is identical or similar to an existing company or any name that suggests the patronage of the Royal Family or the Government of the British Virgin Islands

Shelf Companies Available
Yes.
Language of Name

Latin alphabet; Any name in a language other than English must be accompanied by a translation to ensure that the name is not restricted.

Registered Office Required
Yes, must be maintained in the British Virgin Islands, and must be maintained at the office of a licensed management company.
Names requiring Consent or License
Bank, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment fund, trust, trustees, Chamber of Commerce, university, municipal or their foreign language equivalents.
Suffixes to denote Limited Liability
Limited, Corporation, Incorporated, ‘Société Anonyme’, ‘Sociedad Anónima’ or their relevant abbreviations
Disclosure of Beneficial Ownership to Authorities

The Beneficial Ownership Secure Search System Act, 2017 (the Act) comes into force on 30 June 2017. The Act requires that registered agents maintain a database of the corporate and legal entities for whom they act as registered agent (the RA Database). The RA Database will be private. It will, however, be searchable by certain BVI Governmental bodies via BOSS, which enables an electronic secure search of each RA Database.

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Should you have any question or
Matter you would like to discuss with us

Our multi-lingual team of business advisors is happy to assist you with all upcoming questions and issues in relation to your company. You may call or email us, and we will be happy to assist you in a fast and efficient manner. You can also come visit us at one of our offices near you, to personally discuss all matters you need to clarify, before you take a decision. Arrange an appointment and we will be happy to meet with you.

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Legal disclaimer

The information and materials contained in this website do not constitute an offer, invitation, solicitation, advice or recommendation to buy the products and services offered and rendered by Atrium & Associates (BVI) Ltd and shall be applied with prior consultation.

Atrium & Associates (BVI) Ltd does not offer legal or tax advice without consultation with certified professionals with related appropriate skill and expertise.

The information contained in this website is for general guidance on matters of interest only and should not be considered as guidance for financial or tax decisions, or a substitute for specific professional consultation.

While we have made every effort to ensure that the information contained in this website is accurate and correct due to constant changes in laws, rules and regulations Atrium & Associates (BVI) Ltd accepts no liability for any loss or damage arising directly or indirectly from action taken or not taken relying on the information contained in this website. In particular no warranty is given as to the completeness, accuracy, reliability of such information and as to whether it is at all times up to date.

Atrium & Associates (BVI) Ltd accepts no liability for any loss or damage direct or indirectly arising from the application of any information contained in this website, including any loss, damage or expenses arising from, but not limited to, any defect, error, mistake, inaccuracy, reliability of this website, its contents or related services, or due to any unavailability of this Site or any part thereof of any contents or related services.