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IBC Guide

Incorporating an IBC

BVI is a popular offshore jurisdiction. It has favorable business regulation, a prosperous economy and stable political environment. An International Business Company (IBC) in BVI provides privacy and asset protection and can be wholly exempted from BVI tax on its income provided that your IBC has no business activities in the British Virgin Islands.

Company Name

No company can be incorporated which has a name which is identical to another company incorporated in the British Virgin Islands or so closely resembles the name that it could be deceptive or mixed up.

The name of the company must include one of the following words or its abbreviation Limited (Ltd), Corporation (Corp.), Incorporated (Inc.) and Societe Anonyme (S.A) or similar.

Directors

  • Directors may be of any nationality
  • Only one director is required
  • The names of directors do not appear in public records
  • There is no requirement to appoint a local resident director
  • Nominee Directors are allowed. Biztrust can provide this service.
  • The director can be a person or a Corporation

Shareholders

  • Shareholders may be of any nationality
  • Only one shareholder is required. This can be the same person as the director.
  • Nominee shareholders are allowed. Biztrust can provide this service.
  • The shareholder can be a person or a corporation

Registered Office

All BVI IBC's must have a registered office. The registered office is where documents may be legally served on the company. The registered office must be a physical address in the BVI. Our incorporation package has included provision of registered address.


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