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British Virgin Islands
Summary of British Virgin Islands (bvi) Corporate Features
Summary of British Virgin Islands (bvi) Corporate Features
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GENERAL INFORMATION |
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Type of Company |
Business Company (BC) |
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Political Stability |
Good |
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Common or Civil Law |
Common |
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Disclosure of Beneficial Owner |
No |
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Migration of Domicile Permitted |
Yes |
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Tax on Offshore Profits |
Nil |
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Language of Name |
Latin Alphabet |
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CORPORATE REQUIREMENTS |
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Minimum Number of Shareholders |
One |
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Minimum Number of Directors |
One |
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Bearer Shares Allowed |
No |
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Corporate Directors Permitted |
Yes |
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Company Secretary Required |
No |
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Standard Authorised Share Capital |
50,000 Shares |
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LOCAL REQUIREMENTS |
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Registered Office/Agent |
Yes |
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Company Secretary |
No |
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Local Directors |
No |
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Local Meetings |
No |
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Filing Register of Directors |
Yes |
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Filing Register of Members |
No |
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ANNUAL REQUIREMENTS |
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Annual Return |
No |
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Submit Accounts |
No |
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RECURRING GOVERNMENT COSTS |
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Minimum Annual Tax/Licence Fee |
USD450 |
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Annual Return Filing Fee |
N/A |
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Disclaimer All information in this article is only for the purpose of information sharing, instead of professional suggestion. Kaizen will not assume any responsibility for loss or damage. |