Would you buy a cheap bullet-proof vest?
Would you choose a cheap parachute?
Would you go for a cheap brain surgery?
The cost to incorporate and administer a company in the British Virgin Islands primarily depends on the configuration of the company and the various optional services.
What is more important, the price will also reflect the reputation and reliability of the service provider. Employment of the best and brightest people, keeping up with the latest legislative developments, reliable quality control and maintenance of robust data-keeping and security systems do not come cheaply.
It is always our aim to deliver a solid, dependable, long-term solution to our customers at a fair price. We do not cut corners when it comes to the reliability of our service. We have been in the offshore business for many years and will be here for the long haul.
As a general guidance, our price to incorporate a
BVI Business Company ranges from $950 up to $3000, depending on the exact scope of services and options that you may select. Some of the price components are mandatory, others are optional.
As an absolute minimum, a new company formation in BVI would involve the initial legal work to establish the BC, the payment of the appropriate registration fee to the BVI government and the provision of the mandatory registered address / Registered Agent service for the company in the BVI.
Running an offshore company, such as a BVI BC, involves recurring annual fees. These fees consist of several mandatory elements, such as the annual government registration fee and the registered address / registered agent service. In addition to that, there can be a number of optional services, most of which are also charged annually, at a fixed rate. The annual maintenance costs for the first calendar year are usually included in the initial establishment fees for the BC.
Indicatively, our annual maintenance fees for a BVI Business Company range from $ 650 up to $ 2200 per year, depending on the exact level of optional services involved.
The optional services, which may or may not be required in your circumstances, include:
• Custom-drafting of the Memorandum and Articles of Association
• Provision of a corporate or individual director
• Provision of a shareholder service
• Provision of a company secretary
• Custom drafting of corporate minutes and resolutions
• Drafting of powers of attorney and other operational documents
• Preparation of share certificates, registers of shareholders and directors
• Bank account introduction in BVI or abroad
• Mail and fax forwarding service
• Document re-mailing service
• Call handling and virtual office services
• Execution of contractual documents and handling of business correspondence
• Bank account signatory service and handling of payments
• Notarial certification of documents
• Legalisation of documents by the 1961 Hague Convention procedure (“Apostille”)
• Delivery of documents by courier service
• Continuation of a foreign company into BVI
• Winding-up and liquidation of a BVI company
• Corporate searches
We usually discuss the details and requirements with the client in order to come up with the best possible solution. This way the optimum incorporation package is determined and delivered at an optimum cost.
It is our policy to discuss and agree the applicable fees with all clients before any work is done. All fees are confirmed by a binding quotation. To obtain a definitive quote, please feel free to use our
Order Form to send us a no-obligation request, or please contact us by our contact form, email, fax, mail or telephone to discuss your exact requirements.
For further information as to how offshore companies are usually configured and which services may best work for you, please look into the
Company Management and
Offshore Knowledge Base chapters - or ask us!
If you are a professional (intermediary) and require offshore incorporation services for your clients on a regular basis, please
contact us for our special rates for professional intermediaries.
British Virgin Islands
