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BVI Company Formation

BVI Company Incorporation with our Package: Company Registration + Bank Account Opening + Registered Agent and Address + Annual Filings and Renewals, etc.

BVI Company Formation
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Why the British Virgin Islands?

The British Virgin Islands (BVI) Flag
Zero Tax

Zero Tax

No tax on the income generated outside of the BVI.

No Auditing

No Auditing

Auditing books of accounts and records is not required.

Privacy

Privacy

No public record of company members' identities.

No Residency

No Residency

Foreigners can easily set up a company with no restrictions.

Complete PACKAGE

Company Registration Package

Offshore company formation

Business Company (BC) Formation

We will clear the paperwork and do everything needed to incorporate your company.

Registered agent and address for offshore company formation

Registered Agent and Address

Meeting mandatory legal requirements is streamlined remotely for you.

BVI certificate of incorporation
Bank account opening support

Bank Account Opening Support

Our experience assists in bank account opening at traditional banks or EMIs.

Annual filings and renewals

Annual Filings and Renewals

Say "no worries" to the annual renewals and complexities of timely filings.

total compliance

Incorporation is Just the First Step

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Compliance

Annual Filing Requirements

Enjoy ease in meeting the mandatory annual compliance requirements of filing forms and company renewal for your BVI company, done entirely online.

Offshore company compliance manager
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Assistant

Automated Compliance

Focus on your business while we notify you and take care of your upcoming important deadlines.

Vepapu Compliance Score
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Books

Bookkeeping Done Right

Maintaining books of accounts is simple with Vepapu, & it is required for annual filings and total compliance.

Accounting and Bookkeeping
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EcoSub

Economic Substance Filing

Don't let the complex process of economic substance filings hinder your journey. We have got it covered.

GST Return Filing Deadline
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Admin

We Are Your Legal Admin

Ongoing company changes and the entire management process can be done online in just a few minutes.

Vepapu dashboard
No hidden Charges

All-in-One and All-Inclusive Pricing

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Inclusive of government fees
Renew from year 2 @ $1,499 annually

Pack Description

Company, Compliance

Company, Compliance, Banking

Build what you need

COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

4-6 days

2-4 days

2-4 days

Click here for more information
Business Company (BC) Registration
Included in the package
Included in the package
Included in the package
Click here for more information
Unlimited Name Availability Check
Included in the package
Included in the package
Included in the package
Click here for more information
Government Fee for Incorporation
Included in the package
Included in the package
Included in the package
Click here for more information
Registered Agent
Included in the package
Included in the package
Included in the package
Click here for more information
Registered Address
Included in the package
Included in the package
Included in the package
Click here for more information
Preparation of Company Memorandum
Included in the package
Included in the package
Included in the package
Click here for more information
Preparation of Article of Association
Included in the package
Included in the package
Included in the package
Click here for more information
Certificate of Incorporation
Included in the package
Included in the package
Included in the package
Click here for more information
Share Certificates for Shareholder(s)
Included in the package
Included in the package
Included in the package
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included in the package
Included in the package
Included in the package
Click here for more information
Preparation of Annual Returns
Included in the package
Included in the package
Included in the package
Click here for more information
Annual Financial Return Filing
Included in the package
Included in the package
Included in the package
Click here for more information
Company's Annual Renewal
Included in the package
Included in the package
Included in the package
Click here for more information
Government Fee for Renewal
Included in the package
Included in the package
Included in the package
Click here for more information
Active Register of Directors
Included in the package
Included in the package
Included in the package
Click here for more information
Active Register of Shareholders
Included in the package
Included in the package
Included in the package
Click here for more information
Written Resolution of the Directors
Included in the package
Included in the package
Included in the package
Click here for more information
Economic Substance BOSS Filing

$225/yr

$225/yr

$225/yr

Click here for more information
Bookkeeping by Experts
Not included in the package
Not included in the package

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BANK ACCOUNT
Click here for more information
Bank Account Opening Assistance
Not included in the package
Included in the package
Included in the package
Click here for more information
Support up to 3 traditional banks
Not included in the package
Included in the package
Included in the package
Click here for more information
Support up to 2 digital-first banks
Not included in the package
Included in the package
Included in the package
Click here for more information
Remote Opening Process
Not included in the package
Included in the package
Included in the package
MISCELLANEOUS
Click here for more information
Nominee Director
Not included in the package
Not included in the package

$1,499/yr

Click here for more information
Nominee Shareholder
Not included in the package
Not included in the package

$1,499/yr

Click here for more information
Change in Authorized Share Capital
Not included in the package
Not included in the package
Included in the package
Click here for more information
Company Chop and Seal
Not included in the package
Not included in the package

$349

Click here for more information
Certificate of Good Standing
Not included in the package
Not included in the package

$349

Click here for more information
Certificate of Incumbency
Not included in the package
Not included in the package

$349

Click here for more information
Certified by Registered Agent
Not included in the package
Not included in the package

$249

Click here for more information
Certified by Notary Public
Not included in the package
Not included in the package

$349

Click here for more information
Apostille on Document
Not included in the package
Not included in the package

$299

Click here for more information
Certified by a CPA
Not included in the package
Not included in the package

$299

Click here for more information
Dedicated Account Manager
Not included in the package
Not included in the package
Included in the package
Click here for more information
Acting as Your Legal Admin
Included in the package
Included in the package
Included in the package

Compare Packs

Company & Compliance

US$ 1,499

$1,999

Discount Offer

Use promo "BVIINC1" to get $500 OFF

Renew at $1,499 per year

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe
COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

4-6 days

Click here for more information
Business Company (BC) Registration
Included in the package
Click here for more information
Unlimited Name Availability Check
Included in the package
Click here for more information
Government Fee for Incorporation
Included in the package
Click here for more information
Registered Agent
Included in the package
Click here for more information
Registered Address
Included in the package
Click here for more information
Preparation of Company Memorandum
Included in the package
Click here for more information
Preparation of Article of Association
Included in the package
Click here for more information
Certificate of Incorporation
Included in the package
Click here for more information
Share Certificates for Shareholder(s)
Included in the package
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included in the package
Click here for more information
Preparation of Annual Returns
Included in the package
Click here for more information
Annual Financial Return Filing
Included in the package
Click here for more information
Company's Annual Renewal
Included in the package
Click here for more information
Government Fee for Renewal
Included in the package
Click here for more information
Active Register of Directors
Included in the package
Click here for more information
Active Register of Shareholders
Included in the package
Click here for more information
Written Resolution of the Directors
Included in the package
Click here for more information
Economic Substance BOSS Filing

$225/yr

Click here for more information
Bookkeeping by Experts
Not included in the package
BANK ACCOUNT
Click here for more information
Account Opening Assistance
Not included in the package
Click here for more information
Support up to 3 traditional banks
Not included in the package
Click here for more information
Support up to 2 digital-first banks
Not included in the package
Click here for more information
Remote Opening Process
Not included in the package
MISCELLANEOUS
Click here for more information
Nominee Director
Not included in the package
Click here for more information
Nominee Shareholder
Not included in the package
Click here for more information
Change in Authorized Share Capital
Not included in the package
Click here for more information
Company Chop and Seal
Not included in the package
Click here for more information
Certificate of Good Standing
Not included in the package
Click here for more information
Certificate of Incumbency
Not included in the package
Click here for more information
Certified by Registered Agent
Not included in the package
Click here for more information
Certified by Notary Public
Not included in the package
Click here for more information
Apostille on Document
Not included in the package
Click here for more information
Certified by a CPA
Not included in the package
Click here for more information
Acting as Your Legal Admin
Included in the package
Click here for more information
Dedicated Account Manager
Not included in the package
Proceed to Pay ┃
Secured by Stripe
Company, Compliance, Banking

US$ 2,349

$2,999

Discount Offer

Use promo "BVIINC2" to get $650 OFF

Renew at $1,499 per year

Includes all govt. fees

Proceed to Pay ┃Secured by Stripe
COMPANY REGISTRATION
Click here for more information
Company Registration Timeline

2-4 days

Click here for more information
Business Company (BC) Registration
Included in the package
Click here for more information
Unlimited Name Availability Check
Included in the package
Click here for more information
Government Fee for Incorporation
Included in the package
Click here for more information
Registered Agent
Included in the package
Click here for more information
Registered Address
Included in the package
Click here for more information
Preparation of Company Memorandum
Included in the package
Click here for more information
Preparation of Article of Association
Included in the package
Click here for more information
Certificate of Incorporation
Included in the package
Click here for more information
Share Certificates for Shareholder(s)
Included in the package
TOTAL COMPLIANCE
Click here for more information
Automated Compliance Reminders
Included in the package
Click here for more information
Preparation of Annual Returns
Included in the package
Click here for more information
Annual Financial Return Filing
Included in the package
Click here for more information
Company's Annual Renewal
Included in the package
Click here for more information
Government Fee for Renewal
Included in the package
Click here for more information
Active Register of Directors
Included in the package
Click here for more information
Active Register of Shareholders
Included in the package
Click here for more information
Written Resolution of the Directors
Included in the package
Click here for more information
Bookkeeping by Experts

$225/yr

Click here for more information
Economic Substance BOSS Filing
Not included in the package
BANK ACCOUNT
Click here for more information
Account Opening Assistance
Included in the package
Click here for more information
Support up to 3 traditional banks
Included in the package
Click here for more information
Support up to 2 digital-first banks
Included in the package
Click here for more information
Remote Opening Process
Included in the package
MISCELLANEOUS
Click here for more information
Nominee Director
Not included in the package
Click here for more information
Nominee Shareholder
Not included in the package
Click here for more information
Change in Authorized Share Capital
Not included in the package
Click here for more information
Company Chop and Seal
Not included in the package
Click here for more information
Certificate of Good Standing
Not included in the package
Click here for more information
Certificate of Incumbency
Not included in the package
Click here for more information
Certified by Registered Agent
Not included in the package
Click here for more information
Certified by Notary Public
Not included in the package
Click here for more information
Apostille on Document
Not included in the package
Click here for more information
Certified by a CPA
Not included in the package
Click here for more information
Acting as Your Legal Admin
Included in the package
Click here for more information
Dedicated Account Manager
Not included in the package
Proceed to Pay ┃
Secured by Stripe
Build what you need
Contact Now
COMPANY REGISTRATION
Click here for more information

Company Registration Timeline

2-4 Days

Click here for more information

Business Company (BC) Registration

Included in the package
Click here for more information

Unlimited Name Availability Check

Included in the package
Click here for more information

Government Fee for Incorporation

Included in the package
Click here for more information

Registered Agent

Included in the package
Click here for more information

Registered Address

Included in the package
Click here for more information

Preparation of Company Memorandum

Included in the package
Click here for more information

Preparation of Article of Association

Included in the package
Click here for more information

Certificate of Incorporation

Included in the package
Click here for more information

Share Certificates for Shareholder(s)

Included in the package
TOTAL COMPLIANCE
Click here for more information

Automated Compliance Reminders

Included in the package
Click here for more information

Preparation of Annual Returns

Included in the package
Click here for more information

Annual Financial Return Filing

Included in the package
Click here for more information

Company's Annual Renewal

Included in the package
Click here for more information

Government Fee for Renewal

Included in the package
Click here for more information

Active Register of Directors

Included in the package
Click here for more information

Active Register of Shareholders

Included in the package
Click here for more information

Written Resolution of the Directors

Included in the package
Click here for more information

Economic Substance BOSS Filing

$225/yr

Click here for more information

Bookkeeping by Experts

Contact Us

BANK ACCOUNT
Click here for more information

Account Opening Assistance

Included in the package
Click here for more information

Support up to 3 traditional banks

Included in the package
Click here for more information

Support up to 2 digital-first banks

Included in the package
Click here for more information

Remote Opening Process

Included in the package
MISCELLANEOUS
Click here for more information

Nominee Director

$1,499 per yr

Click here for more information

Nominee Shareholder

$1,499 per yr

Click here for more information

Change in Authorized Share Capital

Included in the package
Click here for more information

Company Chop and Seal

$349

Click here for more information

Certificate of Good Standing

$349

Click here for more information

Certificate of Incumbency

$349

Click here for more information

Certified by Registered Agent

$249

Click here for more information

Certified by Notary Public

$349

Click here for more information

Apostille on Document

$299

Click here for more information

Certified by a CPA

$299

Click here for more information

Acting as Your Legal Admin

Included in the package
Click here for more information

Dedicated Account Manager

Included in the package
Contact Now
Flexible and secure payment options worldwide
PARTNERS

Are you a professional?

Attorneys, lawyers, finance professionals, investment advisors, and other professionals supporting clients with offshore formations and compliance: We can help you simplify processes and enhance client satisfaction.

Docs & Info

Documents Required

Individuals

If you are an individual:

Proof of Identity:

Included in the package

A certified true copy (scanned version) of the passport (valid for at least 6 months)

Included in the package

A comprehensive Curriculum Vitae (C.V.), Resumé, or Linkedin profile.

Proof of Address:

Included in the package

One of the scanned copies of a bank reference, bank statement, Utility bill, or Driver license.

It should clearly show the holder's full name along with a physical address written in English (P.O. Box addresses are not accepted).

It must be the most recent version and dated within the last 3 months.

Organization

If you are an organisation:

Company Documents:

Please provide us with certified true copy (scanned version) of the following company documents:

Included in the package

Certificate of Incorporation

Included in the package

Memorandum and Articles of Association / Constitution

Included in the package

Register of Director

Included in the package

Register of Shareholder / UBO

Included in the package

Extract of the company’s details from the Registrar of Companies, which can include any of the following: Business Profile / Certificate of Incumbency / Certificate of Good standing (valid for within 6 months if any).

Company Members:

All members of the corporation, including Directors, Shareholders, Ultimate Beneficial Owners (UBOs), and Contact persons, must provide identity and address proofs as mentioned above.

easy process

Incorporation in 4 Steps

Vepapu logo with black bg

Form BVI Company in 2 Days

Register your BVI company quickly with our expert assistance. We'll work with you throughout the journey of your company's registration and compliance management.

One (1)

Choose a Package

Select the pre-built package or customize it according to your needs.

Two (2)

Provide Documents

We'll obtain all the relevant documents and information from you.

Three (3)

Company Registration

Application submission and follow up with the registrar for speedy approval.

Four (4)

Total Compliance

Annual filings and renewals done on time, remotely, to ensure compliance.

FAQ

Frequently Asked Questions

General

Does my information be displayed publicly by the B.V.I. government?

There is no public directory in the BVI. Directors' and shareholders' details will not be made public under any circumstances.

The registers of company directors, shareholders, or beneficial owners should be kept at the address of the registered agent. The company has the option to file the information with the registrar for registration.

Are there any taxes in the BVI? Do I have to pay any taxes under my offshore company in the BVI?

when you set up an offshore company in the British Virgin Islands (BVI), your International Business Company (IBC) enjoys a tax-free status for the profits it makes. This includes all income earned outside of the BVI. Your business is exempt from local taxes, making it one of the most sorted options for offshore company founders.

How can Vepapu help with forming and managing my offshore company in the British Virgin Islands?

Vepapu simplifies the journey of forming and managing your offshore company in the British Virgin Islands (BVI). Our all-inclusive platform and expert services cover every step. We offer registered agent services, local business addresses, nominee director and shareholder options, and even accounting plans. With Vepapu, you'll navigate compliance seamlessly and manage your company effortlessly through our user-friendly online dashboard. Change company details, alter share capital, and more with ease. Your offshore success story starts with Vepapu, and we will ensure your journey is smooth and hassle-free.

What are the different company types or structures available in the BVI?

Below are the different forms of companies in the BVI:
1. A company limited by shares
2. A company limited by guarantee with or without shares
3. An unlimited company with or without shares

Management

Are there any accounting and auditing requirements for the BVI companies?

Companies are not required to provide financial documents when filing annual returns; hence, there is no need to do accounting and/or bookkeeping. Companies are not required to provide financial documents when filing annual returns.

If you want to have an accurate financial picture of your company, you can opt for an accounting and bookkeeping plan from Vepapu. This makes your journey very simple, transparent, and data-driven.

Are there any annual filing or return submission requirements in the BVI?

Every year, your company needs to pay a fee (which depends on the authorized share capital of the company) to the government.
1. For BVI offshore company authorized to issue no more than 50,000 shares, the renewal fee is US$550;
2. For BVI offshore company authorized to issue more than 50,000 shares, the fee is US$1,350.
This is to keep your company's records up-to-date and legal. You also have to send a report to the Registrar, which is like the official keeper of records. In this report, you say that no changes, other than ones already notified to the Registrar, have been made to the Memorandum of Association, and no business has been carried out within the country. This keeps everything transparent and in line with the rules.

We make sure that you don't miss these steps, so your business can run smoothly without any issues. We will inform you of these encounters at least 2 months in advance, which gives you flexibility to take actions easily on the Vepapu dashboard.

What ongoing compliance requirements do I need to fulfil for my BVI offshore company?

First, you need to keep your local registered agent and registered address in place. This helps keep your company's official records accurate and accessible.

Also, you have to pay an annual fee. This fee is based on the authorised share capital of the company. This keeps your company compliant with the BVI rules and regulations.

Are there any obligations to conduct Annual General Meeting (AGM) in the British Virgin Islands?

No, a BVI Exempted Company isn't required to hold an annual general meeting (AGM) as per the Companies Law. But if the company's Articles of Association say it should or if most of the Board of Directors agree, then an AGM can happen. It's not a must, but it's possible if you want to have one.

How much does it cost to maintain a company in the BVI?

The maintenance costs include the following:
1. Annual fee (depends on the authorised share capital of the company); and
2. Registered Agent fee.

Directors

Does my company need local directors or shareholders?

No, there is no need to have local directors or shareholders to form your offshore company in the BVI. A company must have at least one director in the company, but it can be yourself irrespective of your country of citizenship, origin, or residence.

Optionally, you can use Vepapu's Nominee Director and/or Nominee Shareholder services to hide your identity in your company formation documents as well.

Can a foreigner or a foreign company register a company in the BVI?

Foreigners can set up companies in the BVI, and 100% foreign ownership is not only allowed but encouraged by the government. Foreigners can easily set up a company as there are minimum requirements for setting up a company in the BVI, such as no residency requirements for directors.

What is the minimum number of directors or shareholders required to form a company in the BVI?

A minimum of one director or shareholder is required to form a company in the BVI. No specific requirements on the locality or qualification of directors or shareholders exist. A member of a BVI company can be a natural person or a corporate body. Especially, a corporation can be the UBO (ultimate beneficial owner) only if it is listed publicly.

Incorporation

How long will it take to incorporate a company in the BVI?

Normally, it takes about 2 to 4 working days from when all the required documents are in place to be filed for your company's formation with the Registrar.

What documents are required to form a company in the BVI?

1. Notarized / Certified true copies of valid passports for all directors/shareholders; and
2. Notarized / Certified true copies of residency proofs for all company directors and shareholders (i.e., utility bill or credit card bill).

These are the general documents needed for your BVI offshore company's formation.

How much does it cost to form a company in the British Virgin Islands?

The government fee for setting up a BVI Company is dependent on the authorised share capital of the company. For example, for BVI company authorised to issue no more than 50,000 shares, the incorporation fee is US$550 and for BVI company authorised to issue more than 50,000 shares, the incorporation fee is US$1,350.

While completing the company formation procedure with Vepapu, you can go through our transparent pricing before you commit anything. There will be no additional or hidden costs associated with forming your company in the BVI while working with Vepapu.

How to name a company in the BVI?

An International Business Company (IBC) in the British Virgin Islands needs a name that ends with terms like Limited, Corporation, Incorporated, and more, or their shorter forms. Also, the name can't be the same or like an existing company's name. Plus, it can't hint at being connected to the Royal Family or the Government of the British Virgin Islands. This keeps things clear and distinct.

We've got you covered; we offer unlimited name checks with the BVI. So, if your preferred name is available, you're all set.

Do I need to obtain any business licenses in the BVI?

Yes, there are certain business activities in the Cayman Islands that need a license from the Cayman Islands Monetary Authority (CIMA). These activities include things like banking, building society, savings, loans, insurance, assurance, reinsurance, fund management, investment funds, trusts, trustees, Chamber of Commerce, universities, municipal or their foreign language equivalents. Some businesses are required to be licensed by the Financial Services Commission like banking, insurance, trust, fund management, investment business, etc.

What is the minimum registered capital or authorized share capital in the BVI?

There's no required minimum registered capital for your BVI company. Typically, the authorised capital is set at US$50,000.

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Company Registration
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Bank Account
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Total Compliance
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