British Virgin Islands- A Place for The Business Investors to Seek More Opportunity

British Virgin Island is a small group of islands in the Caribbean Sea which extends only up to 60 square miles. This place is mostly known as blue miracle for the turquoises blue water, snow white sands of the beach and white surfy waves that are making the place more pleasant and soothing.

The place is having colonial style building all in pastel colors and full of sweet fragrant flower known as Frangipani flowers. Many travelers have termed this as the glistening mirage in the crystal-clear sea. There are more islands available nearly 60, which are volcanic and is not suitable for residing.

Particularly these islands belong to the British Overseas territory and the western part of this place is being managed by the Unites stated. Besides being a traveler’s hotspot, this place is also an appealing destination for the investors too.

BVI company incorporation is one of the best opportunities which will help various investors to expand their business territory and also get huge list of the benefits that are not available in many such jurisdiction which are available like BVI.

British Virgin Islands company formation is done under the Business Company Act 2005. Before you start thinking of setting up of the business, you must have an idea about the type of company formation that you are allowed to set-up at the BVI.

Types of companies allowed to setup at BVI lands

Here are they:

• Company limited by shares

• Company limited by guarantee and are not authorized for issuing shares

• Company both limited by guarantee and is authorized to issue share

• Unlimited company authorization and allowed to issue shares

• Unlimited company who are not authorized to issue shares too.

Company registration is being done by the submission of various memorandum in the following segregated portfolio of the company and restricted purpose company portfolio.

Required documents for the company registration

For proper registration, you have to submit documents which are enlisted as below. Supportive documents have to be submitted for review.

• The name of the company which you want to set-up.

• The type of the incorporated company

• The full address of the company office

• Full details that is the name and the address of the registered agent who will be working for your incorporation at BVI lands.

• Other detailed statement whether the company is allowed to issue shares or not. In case your company is allowed to issue shares then the maximum number of shares which are allowed for your company.

• Any other business-related statement which can be essential for the formation and other legal setup of the company on the BVI lands.

Conclusion

So, it is quite simple and fare process of getting your company registered in the BVI lands.

Get to do your task of all these documentation form registered agent who will be working with all these things and make your task much easier one.