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Setting up a company in British Virgin Island (BVI)

Update Date:2021-8-16 16:42:07     Source:www.3737580.com     Views:42

Company Setup Requirements
 Minimum 1 Shareholder + 1 Resident Director
Note: Shareholder(s), director(s) and Corporate Secretary can be the same individual person or a
corporate entity.


Features of BVI Offshore Companies
 No minimum capital required.
 Income is exempted from local tax.
 No capital gains or withholding tax.
 No annual reporting or auditing is required.
 Offshore companies cannot engage in business in BVI.


Snapshot Of BVI
 Currency: US dollars
 Time zone: GMT minus 4
 Language: English
 Population: approximately 25,000

 

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