BVI has long been the go-to offshore jurisdiction. It is home to the largest number of active companies and offers the best combination of reputation, a flexible legal framework and a broad market of specialized service providers.
About the Jurisdiction
BVI is a British Overseas Territory governed by common law. It is tax neutral, with no taxes on profits generated.
Any individual or legal entity, of any nationality and residence, can incorporate a company there.
Why Choose BVI
Its main strength is its prestige: It is widely accepted by banks and counterparties, and it has a modern legal framework covering companies, investment funds and other regulated entities. It also offers flexible succession planning, which lets you combine mechanisms such as the establishment of share classes, joint tenancy with survivorship rights, and/or the creation of a will governed by BVI law.
When It Makes Sense and When to Look Elsewhere
BVI is a popular choice for holding companies, family wealth structures and SPVs for one-off investments. It also offers the greatest flexibility for sophisticated succession planning, and its regulatory compliance meets international standards, something highly valued by clients who are sensitive to public perception.
What to Keep in Mind
A BVI company must meet three main obligations:
- File an annual financial return
- File an annual economic substance report
- Have a registered agent in the jurisdiction at all times
Incorporation
The process consists of three simple steps:
Compliance process
Structuring the company according to your objectives
Incorporation of the company, with Untitled Fiduciary Services LTD acting as registered agent in BVI
Want to know if BVI is the right jurisdiction for your case? Fill out the form at the bottom of this page and our team will be in touch.