Nova Fiduciary Services Limited

British Virgin Islands (BVI)

Introduction

BVI is located in the Caribbean to the east of Puerto Rico. Over half of the income of the Territory is from financial services account and generated by the licensing of offshore companies and related services. As such the British Virgin Islands is frequently labelled as a "tax haven".

  • Legal system is based on English common law
  • Business Companies (BCs)
  • Ease of operation, maintenance and control are facilitated by flexible corporate features
  • High confidentiality
  • Political Stability
  • Internationally well-known jurisdiction
  • International Business Companies are exempt from all local taxes and stamp duty

Formation Requirements

  • Minimum One Individual and/or Corporate shareholder is required
  • Minimum One Individual and/or Corporate director is required
  • No secretary is required
  • English / English and Chinese company names are allowed
  • No requirements for annual returns, annual meetings or audited accounts
  • Statutory filing requirements are minimal
  • Registered Address in BVI
  • Director and shareholder information is not required to file with Registry

For more information, please contact NOVA for further assistance.