General Information
The British Virgin Islands, part of a volcanic archipelago in the Caribbean, is a British overseas territory. Comprising 4 main islands and many smaller ones, it's known for its reef-lined beaches and as a yachting destination. The largest island, Tortola, is home to the capital, Road Town, and rainforest-filled Sage Mountain National Park. On Virgin Gorda island is the Baths, a labyrinth of beachside boulders.
Type of Company |
BC |
Type of Law |
Common |
Shelf company availability |
Yes |
Our time to establish a new company |
2 days |
Corporate Taxation |
Nil |
Double Taxation Treaty Access |
No |
Standard currency | US$ |
Permitted currencies | Any |
Minimum paid up | US$1 |
Usual authorised | US$50,000 |
Minimum number |
One |
Local required |
No |
Corporate Directors Permitted |
No |
Publicly accessible records |
Yes |
Location of meetings |
Anywhere |
Minimum number |
One |
Publicly accessible records |
No |
Location of meetings |
Anywhere |
Required | Optional |
Local or qualified | No |
Annual Tax Return | Yes |
Audit requirements | No |
Requirements to file accounts | No |
Publicly accessible accounts | No |
Direction and Management |
Yes |
Core Income Generating Activity |
Yes |
Adequate expenditure on employees and appropriate premises |
Yes |
Requirement to file annual return |
No |
Change in domicile permitted |
Yes |