BVIThe company is based on1994International Business Companies Act in the British Virgin IslandsBRITISHVIRGINISLANDIncorporated as an international business limited company,BVIThe Corporation is a legal entity with independent and limited liability. It may conduct business anywhere outside the islands, but may not engage in criminal activities;BVIThe Companies Registry will not require itBVIThe company discloses its shareholders and directors.
Only one shareholder and a director, the director need not be a shareholder at the same time, the nationality of the shareholder and director is not limited.
Holding shares, serving as directors, holding trademarks, multi-layer agreements, etc., do not need to disclose personal identity.
No need for annualBVIFinancial reports are submitted by the Government without the need to hold annual meetings of shareholders or directors.
Companies can do business in any country and exchange in any currency of their choice.
Shareholders and directors may meet in any country or be represented by their proxies.
Trade secrets can be well protected.