British Virgin Islands (BVI)

The British Virgin Islands (BVI) is the world’s top and most popular offshore centre, registering more companies per year than any other offshore jurisdiction – over 750,000 companies have been registered in the BVI since 2004. Furthermore, the jurisdiction is on the OECD’s “white list,” indicating a stable political climate and high regulatory and compliance standards. The BVI offshore company allows for a wide range of business activities, from a basic holding company to all kinds of consultancy and trading activities.

By appointing Creative Zone as your registered agent, you will be able to use a prestigious address in Dubai’s premier business district, situated in the shadow of the Burj Khalifa, for your correspondence and business cards.

The BVI Business Companies Act 2004 is the legal framework in the British Virgin Islands that governs on the company formation, regulation, and other incorporation-related activities. The government is a constitutional monarchy governed by a democratic democracy.

Company formation in the BVI is a reliable source of yearly income for the government of this jurisdiction, accounting for more than half of the licensing fees paid by companies. The British Virgin Islands (BVI) is a respected offshore regulatory jurisdiction. The BVI Financial Services Commission is an independent regulatory body in charge of company operations and other financial services island.

BENEFITS

  • Political and economic stability; simplicity of incorporation, administration, and maintenance
  • A traditional offshore territory;
  • Tax-free status;
  • A minimum of one stockholder is required.
  • There is no prerequisite for a minimum paid-up share capital.
  • Confidentiality of the details of the directors, shareholders, and beneficiaries (not accessible to the public); 
  • Non-residents are permitted to establish offshore companies in the BVI in any field permitted by the state’s laws.
  • Non-residents or citizens of the country can create offshore companies in the BVI, and the company can be re-registered outside the borders of the islands.
  • Nominee employment is permitted.
  • Asset safeguarding.