SG CORPORATE SERVICES PTE. LTD.
SETTING UP A BVI COMPANY
Since the inception of the BVI Company Registry in 1984, forming a company in the British Virgin Islands has been the preferred choice for over one million business owners. The simplicity of establishing a BVI company persists, with incorporation achievable within 24 hours. Moreover, ongoing administration and associated expenses remain exceptionally low, especially when contrasted with other jurisdictions.
BVI Perks: Why Choose It?
Tax-Friendly Oasis
Privacy
No Currency Control
Cost-Effectiveness
Ease of Operation
Many Business Structures
Requirements
Setting up a BVI company
01
Company Name
The proposed company name of your British Virgin Islands needs to be submitted to check on its availability and be reserved for 14 days. Chinese names are available too!
03
Shareholders
Minimum of 1 Shareholder is required, there is no maximum. A director and shareholder can be the same or different person. A shareholder can be an individual or corporate body.
02
Directors
Minimum of 1 Director (Can be either an individual or corporate entity of any nationality). No Resident Director is required. Any number of additional directors can be appointed.
04
Company Secretary
A company secretary can be an individual or corporate body. There is no obligation to have a company secretary.
06
Company Secretary
A company secretary can be individual or corporate body. There is no obligation to have a company secretary.
05
Paid – Up Capital
The minimum paid-up capital is One Share of no par value in any currency. The number of standard-issued shares is 50,000.
06
Registered Agent & Registered Address
A company must have a registered agent and registered address in the BVI.
Services | Price (USD) |
|---|---|
Change of company name (Constitution amended) | 750 |
Change of company name (Constitution amended) | 850 |
Transfer of shares | 550 |
Allotment and issuance of shares | 550 |
Appointment or resignation of directors | 350 |
Removal of directors | 400 |
Registered Agent Certificate | 250 |
Certificate of Incumbency | 250 |
Certificate of Good Standing (Original) | 350 |
Certificate of Good Standing (Electronic) | 300 |
Company Incorporation | 1500 |
All-in Renewal Fee | 2200 |
Economic Substance Filing | 250 |
Annual Financial Return Filing Fee | 250 |
Annual bookkeeping | 2,000 |
Quarterly bookkeeping | 625 |
Monthly bookkeeping | 250 |
Financial statements (Full) | 2,250 |
Financial statements (Standard) | 1,250 |
Financial statements (Lite) | 500 |