SUMMARY OF BVI CORPORATE FEATURES
SUMMARY OF BRITISH VIRGIN ISLANDS (BVI) CORPORATE FEATURES
| GENERAL | |
| Type of Company | BC |
| Political Stability | Good |
| Common or Civil Law | Common |
| Disclosure of Beneficial Owner | No |
| Migration of Domicile Permitted | Yes |
| Tax on Offshore Profits | Nil |
| Language of Name | Latin Alphabet |
| CORPORATE REQUIREMENTS | |
| Minimum Number of Shareholders | One |
| Minimum Number of Directors | One |
| Bearer Shares Allowed | Yes |
| Corporate Directors Permitted | Yes |
| Company Secretary Required | Yes |
| Standard Authorized Share Capital | 50,000 Shares |
| LOCAL REQUIREMENTS | |
| Registered Office/Agent | Yes |
| Company Secretary | No |
| Local Directors | No |
| Local Meetings | No |
| Government Register of Directors | No |
| Government Register of Shareholders | No |
| ANNUAL REQUIREMENTS | |
| Annual Return | No |
| Submit Accounts | No |
| RECURRING GOVERNMENT COSTS | |
| Minimum Annual Tax/License Fee | USD350 |
| Annual Return Filing Fee | N/A |