British Virgin Islands

The British Virgin Islands (“BVI”) are a group of 40 islands and islets located in the Caribbean 60 sea miles east of the Island of Puerto Rico. There is an estimated population of 21,000 and a land area of 153 square kilometers. The official language is English and its currency is the US dollar. The Island is an overseas territory of the British Crown Colony with a legal system based on English common law with local modifications. The United Kingdom is responsible for the defense and foreign affairs of BVI.

Requirments

  • Share Capital: Normally 50,000. Extra fee will be charged by Government if more than 50,000.
  • Directors: At least 1 (Any nationality of natural person or a corporate)
  • Shareholders: At least 1 (Any nationality of natural person or a corporate)
  • Company Name: End with "Limited Corporation", or in short term "Ltd" "Inc." "S.A.".
  • Time: 1-2 working days

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