October 6, 2009

Offshore companies in the BVI
For corporations in the British Virgin Islands are rules that are reluctant to offer in other offshore areas. It provides maximum protection of assets. Achieve it through the corporation in the BVI can and by changing the registered address. Shareholders or creditors of such corporation move assets to another trust, institution, company or association. Then the director combined or absorbed by another foreign corporation or a corporation BVI in the same country.

The advantages of offshore companies in the BVI
Corporation in the British Virgin Islands are exempt from all local taxes and stamp duties. Bearer shares enjoy maximum confidentiality and anonymity. Entries with information about the shares available for inspection only by the court or a BVI registered shareholders of the corporation. Bearer shares do not require making any organizational or accounting information (except the memorandum articles of association) in the Register of Companies.

British Virgin Islands – the best choice for asset protection and financial privacy.

Offshore companies in the BVI
Corporation in the British Virgin Islands may engage in many activities. Namely, trade, financial management, investing, asset management, software copyright and / or licensing. Excessively high licensing fees relating to the trust and trustee companies for application in the case of private, mutual or joint trust does not exist. For corporations in the Islands there is no rule regulating the minimum value of capital and the requirements to disclose information.

Management, support and ease of doing business contribute to the flexible corporate features. Corporation in the BVI have the right to withdraw their own shares, to make them again, or require them. There are different ways to issue shares. Among them: the issue of shares with no par value, shares in any particular currency, and with any payment other than cash. Meetings of shareholders and directors are not tied to the BVI. Logs and records, archives, and accounts can be carried out in other places. Currently, the law provides the requirements to hold annual general meetings.

There are four areas in which the use of international commercial companies are not allowed: the right to own property in the country, doing business with the State of the BVI, insurance and banking activities (except for a license under the Law on Banks and Trust Companies Act 1990) or, the case of insurance, with a permit under the Law on insurance business (special provisions) Act, 1991 for these purposes in the offshore zone can establish different types of corporations.

Cost of services “offshore company” in the BVI
In comparison with the more traditional centers such as Bermuda, Cayman Islands, Liechtenstein, Luxembourg and Switzerland, the BVI are very effective in terms of cost. Prices differ little from the Liberian and Panamanian, plus the British Virgin Islands offer the highest level of protection of assets and the Government of the BVI more politically stable.

Corporation in the British Virgin Islands – $ 1545
Account in the Caribbean Development Bank – $ 350
Swiss Bank Account – $ 550