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British Virgin Islands

British Virgin Islands company formation corporate tax 0%

Country's features:

Geographic location Carribean
Political regime British overseas territory
Population 31 148 (2012)
Language English
Currency USD (U.S. dollar)
Time zone GMT-4

Features of the incorporation of a company:

Type of company International Business Company (IBC)
Capital required No minimum capital is required
Legal system Common Law
Number of directors/shareholders Minimum, 1 director/ 1 shareholder
Anonymity and confidentiality The directors' and shareholders' names do not appear in the Public Register
Secretary service Not compulsory - optional
Corporate tax 0%
Wealth tax 0%
VAT 0%
Government taxes
  • Capital from 0 to 50 000 USD: 350 USD
  • Capital from 50 001 USD: 1100 USD
Accounting requirements There is no obligation to keep accounts or file annual reports
Bearer shares Unauthorized
Exchange control - non-residents No

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