The British Virgin Islands, officially the Virgin Islands, are a British overseas territory located in the Caribbean to the east of Puerto Rico. The 150-square-kilometre British Virgin Islands consist of the main islands of Tortola, Virgin Gorda, Anegada, and Jost Van Dyke, along with over 50 other smaller islands and cays. As a tax haven the British Virgin Islands enjoys one of the more prosperous economies of the Caribbean region.
Type of Company | BC |
Type of Law | Common |
Shelf company availability | Yes |
Our time to establish a new company | 2 days |
Minimum government fees (exl. Tax) | 0 |
Corporate Taxation | Nil |
Double Taxation Treaty Access | No |
Share capital or equivalent | |
Standard currency | USD |
Permitted currencies | Any |
Minimum paid up | USD 1 |
Usual authorised | US 50.000 |
Minimum Number | 1 |
Local Required | No |
Publicity accessible reports | No |
Location of meetings | Anywhere |
Secretary | No* |
Minimum Number | 1 |
Local Required | No |
Publicity accessible records | No |
Annual Tax Return | No |
Audit Requirements | No |
Requirements to file accounts | No |
Publicity accessible records | No |
Requirement for file annual return | No |
Change in domicile permitted | Yes |
Recurring Government costs | |
Minimum annual Tax/ License Fee | USD 350* |
Annual Return Filling Fee | Nil |