|Understand the complete process of Company Registration in BVI. From eligibility and required documents to taxation, compliance, and bank account opening. E-Startup helps you register your BVI company online with ease, speed, and full legal compliance.
Neo Bank provides global bank accounts and cross-border remittance solutions, ensuring seamless international transactions.
Razorpay simplifies payments and business banking for seamless transactions and financial management.
GoDaddy, a global leader in domains and hosting, powers businesses with secure, user-friendly web solutions.
Trusted by millions, Tally automates accounting for accuracy, & compliance for businesses
Company Registration in BVI is a streamlined process that one can do online with the assistance of E-Startup professionals. It helps entrepreneurs start business in BVI with various benefits such as tax incentives and privacy.
#. Tax Advantages
The BVI is amongst those only few places that allows zero percent corporate tax rate. Hence, it is beneficial to reduce the tax liabilities.
#. Privacy
BVI has strict confidentiality laws. That means, the identities of company owners and shareholders are protected.
#. Regulatory Environment
The regulatory environment in BVI is simple and straightforward. As a result, it simplifies the company formation and ongoing compliance.
#. Political Stability
BVI is world famous for political stability and providing a secure environment for business operations.
#. Global Market Access
Company Registration in BVI allows businesses to benefit from easy access to international markets and top-notch financial services.In following cases, it is mandatory to do HIPAA Compliance:
| Entity Type | Description | Common Uses / Features |
|---|---|---|
| Business Company (BC) | The most common type of entity in the BVI. | Suitable for various business activities; offers flexibility in management and ownership. |
| Limited Partnership (LP) | Comprises general and limited partners. | Generally used for investment purposes. |
| Private Trust Company (PTC) | Used for estate planning. | Allows families to manage their assets privately. |
| International Business Company (IBC) | Offers a simplified structure. | Often used for offshore purposes. |
| Formerly Registered Entities | Companies previously registered but later restructured or transformed. | Can continue operations under BVI laws. |
#. Non-residents can freely register a company in the BVI.
#. There is no local director or shareholder residency requirement.
#. 100% foreign ownership is allowed.
#. A licensed BVI registered agent is mandatory for incorporation.
#. No minimum capital requirement.
#. The company must have:
- A registered office address in the BVI (provided by the agent).
- At least one director and one shareholder (can be the same person).
#. All owners and directors must pass Know Your Customer (KYC) and Anti-Money Laundering (AML) checks.
#. Confidentiality is permitted, but the BVI now maintains a Beneficial Ownership Register (not publicly accessible).
Choose a Company Name
The first step is to select a unique company name that ends with “Ltd.”, “Inc.”, or “Corp.” The name should be compliant and must be approved by the BVI Financial Services Commission before proceeding with registration.
Appoint a Registered Agent
The next step is to hire a licensed BVI registered agent who will handle all filings, documentation, and communication with the authorities on your behalf.
Prepare Incorporation Documents
Prepare all necessary incorporation papers including the Memorandum and Articles of Association, details of directors and shareholders, and proof of identity and residential address for all parties.
Submit Documents for Registration
Once all the documents are ready, you need to submit all incorporation documents electronically to the BVI Registrar through your registered agent for approval and official processing.
Complete KYC and AML Checks
Ensure all directors, shareholders, and beneficial owners complete mandatory Know Your Customer (KYC) and Anti-Money Laundering (AML) verifications as part of the compliance process.
Obtain Certificate of Incorporation
Once the documents are approved, the BVI Registrar issues a Certificate of Incorporation, usually within one to two business days of submission.
Receive Corporate Documents
After incorporation, the company receives a complete corporate kit containing the registration number, Memorandum and Articles of Association, and other constitutional documents.
Open a Corporate Bank Account
When the company is registered, one can open a corporate bank account under the company’s name to manage financial transactions and maintain proper accounting records.
1. Appoint a Licensed Offshore Service Provider
To get company registration in BVI from outside of BVI, one needs to begin by engaging a licensed offshore service provider or registered agent in the BVI, as all offshore company formations must be conducted through authorized professionals.
2. Reserve the Company Name
Choose a suitable and unique company name that meets BVI naming guidelines and have it reserved with the BVI Financial Services Commission before incorporation.
3. Provide Required Details and Documents
The next step is to submit the required documents including the Memorandum and Articles of Association, details of directors and shareholders, proof of identity, proof of address, and beneficial ownership information.
4. Complete KYC and AML Verification
Undergo mandatory Know Your Customer (KYC) and Anti-Money Laundering (AML) checks conducted by the registered agent to ensure compliance with BVI and international standards.
5. File Incorporation Documents with the Registrar
The registered agent files all incorporation documents electronically with the BVI Registrar on your behalf for official approval and registration.
6. Receive the Certificate of Incorporation
Once the application is approved, you will receive a Certificate of Incorporation from the BVI Registrar, confirming the company’s legal existence.
7. Obtain the Corporate Documents
The service provider delivers your complete set of company records, including the Certificate of Incorporation, company registration number, and constitutional documents.
8. Open a Corporate Bank Account
Open an offshore corporate bank account in the company’s name to facilitate international transactions and maintain financial credibility.
9. Begin Offshore Operations
After incorporation and banking setup, the company can start conducting offshore activities such as asset holding, investment, trade, or consultancy.
#. Memorandum and Articles of Association
#. Approved Company Name Reservation
#. Details of Directors and Shareholders
#. Proof of Identity (Passport or National ID)
#. Proof of Residential Address (Utility Bill or Bank Statement)
#. Beneficial Ownership Information
#. Professional or Bank Reference Letter
#. Declaration of Compliance (if required by the agent)
#. Registered Agent’s Consent Form
#. Due Diligence and KYC Documents
| Aspect | Details |
|---|---|
| Corporate Tax | BVI companies are exempt from corporate income tax, capital gains tax, and inheritance tax. |
| Annual Government Fee | Companies must pay an annual government fee based on authorized share capital, typically ranging from a few hundred to a few thousand USD. |
| Registered Agent Fee | Payment of an annual registered agent fee is mandatory for maintaining the company’s registered office and compliance. |
| Accounting Requirements | No statutory requirement to prepare or file financial statements with the BVI authorities for most companies. |
| Auditing | Audits are not mandatory unless the company is regulated (e.g., financial services, insurance). |
| Annual Return | Filing of an annual return with the BVI Registrar may be required by the registered agent. |
| Beneficial Ownership Register | Maintain an updated beneficial ownership register, filed confidentially with the registered agent for regulatory compliance. |
| Other Compliance | Companies must comply with AML/KYC regulations and maintain proper records of directors, shareholders, and company activities. |
#. Choose a suitable bank for corporate/offshore services.
#. Gather required documents: Certificate of Incorporation, Memorandum & Articles, IDs, proof of address, beneficial ownership info, business profile.
#. Complete the bank’s corporate account application form.
#. Submit KYC and AML documents for verification.
#. Attend a bank interview if required.
#. Wait for account approval (a few days to weeks).
#. Receive account details and online banking access.
#. Fund the account to activate it.
#. Maintain ongoing compliance with bank and BVI regulations.
| Aspect | Requirement / Standard | Quantitative / Quality Details |
|---|---|---|
| Employment Contracts | Mandatory for all employees | Must include salary, job description, benefits, leave, notice period; contracts in English; legally enforceable |
| Minimum Wage & Working Hours | Statutory compliance | Minimum wage: approx $6.25–$10/hour depending on sector; standard workweek: 40 hours; overtime pay: 1.5x regular rate after 40 hours |
| Leave Entitlements | Paid leave rights | Annual leave: 10–14 days/year; sick leave: 5–10 days/year; maternity leave: 12 weeks paid, paternity leave: 1–2 weeks; all public holidays paid |
| Social Security Contributions | Mandatory registration | Employer contribution: 6.5% of gross salary; Employee contribution: 4%; covers pensions, benefits, and medical |
| Work Permits for Foreign Employees | Required for non-residents | Duration: 1–3 years, renewable; cost: approx $300–$500/permit; employer must demonstrate role cannot be filled locally |
| Health & Safety Compliance | Workplace safety obligations | Employers must provide safe environment, safety equipment, and training; penalties apply for violations (fines or closure) |
| Termination & Severance | Statutory rules | Notice period: 1–3 months depending on tenure; severance pay: 1 week per year of service for redundancy; unlawful dismissal may result in legal claims |
| HR Policies & Record-Keeping | Documentation requirements | Maintain payroll, attendance, leave, contracts, disciplinary records for at least 5 years; audit-ready for compliance |
| Employee Benefits & Insurance | Optional but recommended | Health insurance, life insurance, retirement plans; quality depends on employer policy; not statutory except social security |
| Dispute Resolution | Legal framework | Employment disputes handled by BVI Labor Department; grievance procedures recommended; average resolution time 2–6 months |
#. Foreign Investors can fully own and operate a company in the BVI without local residency. However, they need t0 hire a licensed BVI Registered agent.
#. BVI naming rules must be compiled and approved.
#. KYC and AML regulations must be complied with always.
#. Annual compliance is crucial to keep business operations running.
#. Contact your licensed BVI registered agent, who can provide the current status of your company application.
#. Request confirmation from the BVI Financial Services Commission (FSC) through your agent.
#. Online status checks may be available for certain filings via the FSC portal or the agent’s client dashboard.
#. Ensure all submitted documents are complete and KYC checks are cleared, as pending items can delay registration.
E-Startup makes the Company Registration in BVI process easy, faster, and fully compliant. With E-Startup, the complete Company Registration in BVI process becomes simple, from selecting the right business structure to ensuring all applications are accurately filed with the Registrar of Companies and tax authorities. E-Startup ensures a smooth, efficient, and hassle-free Company Registration in BVI experience.
The best part is that you can complete your Company Registration in BVI with E-Startup from anywhere in the world. The entire process is managed online, and registration is typically completed within 2–3 weeks.
E-Startup also provides expert guidance on banking setup, tax optimization, and post-registration compliance, helping you establish a fully operational offshore entity with confidence. Whether you’re an entrepreneur, investor, or global business owner, E-Startup simplifies every step to make your Company Registration in BVI seamless and secure.
The process is usually 1–2 business days once your documents are ready and submitted through a licensed agent for Company Registration in BVI.
The BVI Financial Services Commission (FSC) regulates all Company Registration in BVI and ensures compliance with local laws.
You get tax benefits, confidentiality, flexible corporate structure, 100% foreign ownership, and ease of international business when you go through Company Registration in BVI.
Yes, foreigners can own 100% of the shares — there’s no requirement for local ownership during Company Registration in BVI.
Absolutely. Company Registration in BVI works well for holding assets, investments, and crypto-related businesses.
You’ll need to pay an annual government fee and a registered agent fee, usually ranging from a few hundred to a few thousand USD after Company Registration in BVI.
Yes, if your company conducts relevant activities like finance, insurance, or intellectual property, Company Registration in BVI comes with Economic Substance compliance requirements.
Yes, you can complete Company Registration in BVI entirely online through a licensed agent, from anywhere in the world.
After Company Registration in BVI, you can open corporate bank accounts, including multi-currency and offshore accounts, depending on your bank’s policies.
BVI companies are governed by BVI corporate law, which is based on English common law
You first need a corporate bank account. Then you can apply for merchant services through banks or payment providers after Company Registration in BVI.
Yes, Company Registration in BVI is ideal for holding companies thanks to its flexible structure, tax advantages, and simple management of subsidiaries.
Serving business owners with an Average 4.8+ Google Rating.
Trusted by Axis bank to cater its clients all licensing & compliance needs.
Providing lending solutions for business needs with NeoGrowth.
Open Neo bank account worldwide & provides cross-border remittance solutions.
E-startup is a Proudly Member of Confederation of Indian Industry.The CII is a premier business association in India which works to create an environment.
E-Startup is duly certified under GOI's Startup scheme and is renowned for our tech-driven solutions for business & legal services requirements for MSMEs.
E-Startup is a Google Partner, which implies we are rigorously involved in assisting SME businesses to market their presence in the digital world.
Private Limited Company | Public Limited Company | One Person Company | Limited Liability Partnership | Partnership Firm | Sole Proprietorship Firm | Section 8 Company Registration | USA Company Registration | UK Company Registration | UAE Company Registration | Singapore Company Registration | Company Registration Hong Kong | Import Export Code | IEC Modification | AD Code Registration | Spice Board Registration | US FDA Certification | ISO 9001 2015 | ISO 14001 EMS | ISO 22000 FSMS | ISO 27001 ISMS | ISO 50001 Energy Management | ISO 45001 | ISO Surveillance | ISO Certification | MSME Registration | FSSAI Registration | Shop Establishment Registration | Barcode Registration | Coffee Board Registration | Startup India Certificate | ZED Certification | Trademark | Trademark Objection Reply | Trademark Opposition | Trademark Hearing | Trademark Formality Check Fail | Website Development | Patent | Copyright | Design Registration | Business Name Suggestion | Logo Designing | Trademark Assignment Service | GST Registration | GST Modification | GST Cancellation | GST Return Filing | GST Invoice Software | UIN Registration | Income Tax Return | Income Tax Notice | Income Tax Refund | Income Tax Assessment | TDS Return Filing | Form 15CA / CB | Professional Tax Registration | 12A and 80G Registration | FCRA Registration | CSR Registration | Project Report | Pitch Deck | Seed Fund Startup India | Accounting for Ecommerce | Virtual cfo services in india | Bookkeeping & Accounting | Private limited Company Annual Compliance | Form INC-22A | Form 15CA / CB | Company Strike Off | Commencement of Business | Fssai annual return | Online CA Consultancy | Income Tax Return Filling | LLP Annual Compliances | Form DIR-3 KYC | Virtual Office for Company Registration | Dubai Company Registration | Business registration for USA | Business registration for UAE |
Instabill
|







