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British Virgin Islands Business Company (BC)

Leader in corporate finance market
Perfect place for managing yachts

Scope of BVI Offshore Company Formation Services - One IBC Group

1. BVI company registry

1.1. BVI Business Company (BVI BC)

1.1.1. Company Formation Service Fee

Services and Documents Provided	Status
Reserving your Company Name
Certificate of Incorporation (COI)
Memorandum and Articles of Association
Form of Appointment of First Director(s)
First Director(s) Resolutions
Letter(s) of Consent to Act as Director
Letter(s) of Application for share(s)
Letter(s) of Consent to Act as Secretary
Share Certificate(s) Nos. 1 and 2
Original Register of Directors *
Original Register of Members *
Original Register of Secretaries *
Completed Company Kit
Company seal (Add on)

1.1.2. Government Fee

Certificate of Incorporation	Status
Company is authorized to issue a maximum of 50,000 shares of US$1.00 each.
Registered Agent and Registered Office fees for the first year

Note:

Under the BVI Business Companies Act (Amendment) in 2016, any company that is authorised to issue more than 50,000 shares has to pay a higher government fee and service charges. It will be 1,400 USD (instead of 800 USD).

2. Open Bank Account for BVI company

Services and Documents Provided	Status
Overview “Know Your Client” documents to ensure that all the documents provided meet banks’ requirements.
Examine business scope, understanding clients’ needs.
Fulfill application forms and instruct clients to implement notary documents accordingly.
Work with bankers on applications. Answer bankers’ inquiries on behalf of clients. Submit business supporting documents selected.
Bank form is issued.
Schedule video conference as banks policy.
Deliver the needful hard copy and notarized documents to banks.
Bank account is opened under the banks’ sole discretion.
Bank cards, account information letter posted directly to clients.
Initial deposit settlement.

3. Serviced Office services in BVI

Services and Documents Provided	Status
Professional mail management
Dedicated phone number and fax number

4. Renewal company in BVI

Services and Documents Provided	Status
Offering a low maintenance cost
Quick, easy and a simple renewal process
A tax-free and business-friendly environment
There is no financial audit or statement requirements

Set up company in British Virgin Islands

Promotion

Announcement of Fee Adjustment in October 2022

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