 |
 |
British Virgin Island (BVI) Company
The British Virgin Islands is a British Dependant Territory consisting of numerous small islands approximately 50 miles east of Puerto Rico and adjacent to the United States Virgin Islands in the Caribbean Sea.
British Virgin Islands companies or BVI IBCs, incorporated under the International Business Companies Act No.8 of 1984 shows steady growth, bringing the number of companies registered under the act to over 450,000.
BVI IBCs are very advantageous tax vehicle in many tax structures, particularly when accompanies with Cyprus Entity.
| Capital requirements | Minimum paid-up capital is USD$1. Normal authorised share capital USD$50.000 |
| Taxation rate | Zero(0%) |
| Shareholders | Minimum one (1). Corporate shareholder also allowed |
| Directors | Minimum paid-up capital is USD$1. Normal authorised share capital USD$50.000 |
| Secretary | Not required/ optional |
| Annual License fee | USD$350 for IBCs with authorised share capital up to USD$50.000 |
| Annual General Meetings | Not required/ Can be held abroad |
| Annual Returns | Not required |
| Financial statements | Do not need to be audited |
| Confidentiality | Shareholder(s) and director(s) nominee services are allowed to ensure confidentiality of beneficiaries. |
For Company Formation & Management including Cyprus Accounting & Cyprus Payroll Services, Cyprus Banking Services, Cyprus Shipping and Cyprus Tax, kindly forward your query to info@fci.com.cy
 Through wisdom
we provide excellent work
Through inspiration
we provide innovative solutions
Through passion
we provide excellent service
Though integrity
we provide trustful relationships
Through professionalism
we cherish company history |
 |
