Annual meetings are not required to be in the British Virgin Islands, in fact, there is no statutory requirement to hold annual general meetings.
No financial statements, annual return filing, no yearly audits
Only one shareholder is required.
You are permitted to run a BVI as a single directorate.
Corporate Books, minutes and records can be stored anywhere.
Incorporation can take place within one or two days. Shelf companies can be transferred even quicker as needed.
Details of shareholders and directors are not disclosed in a public registry. Furthermore, nominee directors and shareholders are commonplace and can be used to further increase privacy at a slightly higher price, in order to ensure the utmost privacy and protection.
BVI International Business Companies are exempt local taxes and stamp duty, even if they are administered in BVI. Only registration and annual license/franchise fees will apply. Furthermore, unlike other offshore vehicles, the BVI Business Companies Act allows BCs to conduct business and own real estate in the British Virgin Islands
WFE Price at posting:
2.4¢ Sentiment: None Disclosure: Not Held
