COMPANY STRUCTURE AND REGISTRATION PROCEDURES IN THE BVI

In what currency must the capital of a BVI Business Company be?

If the company chooses to state any figure of its capital (which is optional), this capital may be stated in any currency. US dollars would probably be the most popular, as it is the national currency of the British Virgin Islands.

ALL QUESTIONS (F.A.Q.)

Other questions in this section:

What´s the difference between the old BVI IBC and the new BVI Business Company?

Why are certain words not permitted in the name of the offshore company?

Is a BVI Business Company required to have an initial lump-sum of capital?

In what currency must the capital of a BVI Business Company be?

Is a BVI Business Company required to set up a fully operational office in the BVI?

May I be the only shareholder and also the director of my offshore company?

May I use another company as a shareholder of my offshore company?

What is a nominee shareholder?

What is more confidential – having bearer shares or using nominee shareholder?

Why do you not recommend bearer shares?

What is a nominee director?

What is the purpose of the nominee director?

What is a Power of Attorney?

What is an Apostille?

Why would I need my offshore company documents certified by Apostille?

What is a Certificate of Good Standing?