A BVI corporation is a legal entity that is incorporated in the British Virgin Islands (BVI). BVI corporations are also known as international business companies (IBCs).
BVI corporations are popular because they offer a number of advantages, including:
Low taxes: BVI corporations are exempt from income tax, capital gains tax, and inheritance tax.
Flexible corporate laws: BVI corporate law is very flexible and allows for a wide range of corporate structures.
Confidential corporate registry: The BVI corporate registry is confidential, meaning that the names of the company's directors and shareholders are not publicly available.
Political and economic stability: The BVI is a politically and economically stable jurisdiction.
BVI corporations can be used for a variety of purposes, such as:
Holding companies: BVI corporations are often used as holding companies to own and manage other companies and assets.
Investment vehicles: BVI corporations are also popular as investment vehicles, such as mutual funds and hedge funds.
Asset protection: BVI corporations can be used to protect assets from creditors and other legal claims.
International trade: BVI corporations are often used for international trade and business transactions.
To incorporate a BVI corporation, you will need to provide the following information:
The name of the company
The type of company (e.g., IBC, LLC)
The registered office address
The names of the directors and shareholders
The authorized share capital
You can incorporate a BVI corporation through Bestar.
Once your BVI corporation is incorporated, you will need to comply with the ongoing requirements of BVI corporate law. These requirements include filing annual returns and appointing a local auditor.
If you are considering incorporating a BVI corporation, consult with Bestar.
The British Virgin Islands (BVI) is a British overseas territory in the Caribbean, located east of the US Virgin Islands and north-west of Anguilla. The BVI consists of over 60 islands, of which only 16 are inhabited. The largest island is Tortola, followed by Virgin Gorda, Anegada, and Jost Van Dyke.
The BVI is known for its beautiful beaches, crystal-clear waters, and lush rainforests. It is also a popular destination for sailing, yachting, and diving.
The BVI is a popular tourist destination, but it is also a major financial center. The BVI is home to over 1 million registered companies, making it one of the largest offshore financial centers in the world.
The BVI is a beautiful and diverse territory with something to offer everyone. Whether you are looking for a relaxing beach vacation, an adventurous outdoor adventure, or a world-class financial center, the BVI is the perfect place for you.
Connect with Bestar
Bestar can help you incorporate a BVI corporation, and we are a local company in Malaysia that provides services such as company formation, registered office address, and mail forwarding. Consult with Bestar to ensure that you are complying with all applicable laws and regulations before incorporating a BVI corporation.