BVI Business Company

The world’s gold standard for international business companies (IBCs).

The BVI Business Company (BC) is one of the most recognized and respected offshore structures globally. Favored for its legal simplicity, confidentiality, and global bankability, a BVI company is ideal for international trade, asset protection, holding investments, and cross-border structuring.

Why Choose a BVI Business Company?

• Zero corporate, income, capital gains, or inheritance tax
• Fast incorporation — typically 1 to 2 business days
• No annual reporting or audit requirement for most companies
• Global credibility and acceptance by major banks
• Flexible share structures and no minimum capital
• High level of confidentiality for directors and shareholders

Our BVI Company Formation Package Includes

Incorporation & First-Year Services:

• Company name check and reservation
• Drafting and filing of incorporation documents
• Payment of all government registration fees
• Provision of registered office and registered agent (1 year)
• Company secretary service (optional/add-on)
• Digital corporate kit with seal imprint (optional physical kit available)

Standard Corporate Documentation:

• Certificate of Incorporation
• Memorandum & Articles of Association
• First Director Resolutions
• Share Certificates
• Register of Directors and Shareholders

Legal Framework

BVI companies are governed by the BVI Business Companies Act, 2004, considered one of the most business-friendly and modern offshore legal frameworks. It offers flexibility for a wide range of business purposes, including trading, asset holding, IP management, and fund structuring.

Most companies are formed as private companies limited by shares, but BVI law also allows companies limited by guarantee, restricted purpose companies, and segregated portfolio companies.

Company Name Guidelines

• Must end with: Limited, Corporation, Incorporated, Société Anonyme, or similar abbreviations
• Certain names require licensing (e.g., Bank, Insurance, Trust, Royal)
• Names implying association with governments or regulators are prohibited
• Company names may be in any language using Latin characters

Taxation in BVI

BVI BCs benefit from:

• No corporate or personal taxes on income earned outside of BVI
• No capital gains, inheritance, gift, or dividend taxes
• No withholding taxes
• No currency exchange controls
• Access to hundreds of global bank and brokerage accounts

Accounting & Reporting Requirements

• No requirement to file audited financial statements or tax returns
• Must maintain underlying accounting records
• Records must be preserved for at least 5 years
• Confidential — documents are not filed publicly

Required Documents for Incorporation

For each Director, Shareholder, and Beneficial Owner:

• Notarized copy of valid passport
• Proof of residential address (utility bill or bank statement, dated within 3 months)
• Professional reference letter (lawyer, accountant, or banker; dated within 3 months)

For corporate shareholders/directors:

• Apostilled set of company documents
• Certificate of Good Standing (if over 1 year old)

Why Choose SCG Corporate Services for BVI Incorporation?

• 20 years of offshore incorporation expertise
• Seamless, secure, and private onboarding
• Global support for structuring, banking, and nominee services
• Expert guidance to ensure long-term compliance

Let’s get started today incorporating a BVI Company.