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It requires at least one director and one shareholder, a BVI registered agent and a BVI registered office.  But, none of the directors nor shareholders are required to be BVI residents.  We may provide the services of BVI registered agent and registered office and Hong Kong correspondence address.

  • A BVI company may issue bearer or registered shares to its shareholders.
  • No audited accounts are required if the company does not have any operations in BVI.
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  • Minimum one (1) shareholder and one (1) director
  • Minimum US$ 1 issued and allotted share capital
  • Registered address in the offshore country
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Day 1
Client to pass following information to Buttar & Associates :
 
  • Passport / Hong Kong ID copy and address of at least 1 shareholder and 1 director
  • At least 3 intended company names in order of preference for company name search
  • 70% of the fee as down payment
Day 2
  • Buttar confirm to client whether the names can be used
  • Buttar send documents to client to signature by email
  • Client to pass the signed document back to Buttar for processing. Usually, sending by fax is sufficient.
Day 6
  • Copy of Certificate of Incorporation will be available to client to confirm that the company is properly formed
  • Client need to settle all service balance payment
  • When Certificate of Incorporation is available to client, the company is certified to be established and client can use the company to enter into business transaction
Day 10
  • Whole set of company kit and processed documents will be available to client
Day 12
  • Opening bank accounts with the required bank
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Day 1
  • Client to choose preferred companies from ready made companies list
  • Client to pass following information to Buttar for document preparation:
    • Passport / Hong Kong ID copy and address of at least 1 shareholder and 1 director
    • At least 3 intended company names in order of preference for company name search
    • 70% free as down payment
  • Copy of Certificate of Incorporation will be available to client so that ownership of the company is confirmed.
  • Buttar send documents to client for signature
  • Client to pass the signed document back to Buttar & Associates for processing. Usually, sending fax is sufficient.
  • When Certificate of Incorporation is available to client, client can use the company to enter into business transactions, even though some registration process needs to handle in following days.
Click here for BVI Ready Made Companies List - [Available Upon Request]
Day 2
  • Buttar to pass processed documents and company kit back to client
  • Client to settle remaining service fee
Day 3
  • Opening bank account with the required bank
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Material available to client after company is formed:

  • Company Kit - Signature chop, stainless steel seal, printed M & A etc.,
  • Certificate of Incorporation
  • Copies of shareholders, directors etc
  • Registration documents.

Buttar will remind client to renew the company license each year. Therefore, keeping corresponding method update with us is essential.

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  • No tax and filing requirement
  • Only one shareholder and director is required
  • Corporate shareholder and director are allowed
  • Minimum issued and paid up capital required is US$ 1
  • No mandatory requirement in preparing financial statements or appointing auditors
  • Totally exempt from BVI income tax and stamp duties (if no business in BVI)

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IBC's are prohibited from carrying on any business with persons residing in the BVI and from owning an interest in real property in the BVI. The following are not constructed as carrying on any business in the BVI.

  • Maintaining a bank account
  • Using the services of a professional firm
  • Maintain accounting records
  • Holding meetings of shareholders and directors
  • Holding a lease of property for use as an office
  • Holding shares or other securities in another BVI company
  • The memorandum of association must contain the name and address of the BVI registered agent.
 

Click here to read BVI Fact Sheet [PDF File]


Company Formation
Click here to find out our charges for the above mentioned services or call us at 852.2736.4745 for more information.
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