Virgin Islands Business Advisory Services Agreement
Description
How to fill out Business Advisory Services Agreement?
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FAQ
Doing business in the BVI brings significant tax benefits. The BVI is also a tax neutral territory. There is no income tax, corporate tax, capital gains tax, wealth tax, or similar fiscal laws.
Company Formation Requirements for BVI Certificate of incorporation; Articles and Memorandum of Association; Minimum of one shareholder and director; A legal registered office; A legal registered agent; Directors Acceptance Letter; Share(s) certificate; Articles and Plan of Consolidation;
THE MOST IMPORTANT CHARACTERISTICS OF A BVI BC IN DETAIL EXEMPTION FROM TAX? ... LEGAL PERSONALITY. ... STRUCTURAL FLEXIBILITY. ... Provisions against confiscation. ... Keeping of accounting records/ FINANCIAL RETURN REQUIREMENT. ... BVI Economic Substance requirements. ... Various types of incorporations. ... No requirement to state operational objects.
BVIBC Statutory Fees The government incorporation fee for a BVIBC with par value and no par value shares which is authorised to issue up to 50,000 shares is US$450. If the authorised number of shares exceeds 50,000 the incorporation fee is US$1,200.
The set of corporate documents for a BVI Business Company or will always include the standard logical sequence of documentation: electronic copy of Certificate of Incorporation, Memorandum of Association, Articles of Association, the Minutes and Resolutions dealing with the appointment of Directors and the allocation ...
BVI has a ?Territorial Tax System? which means IBCs (International Business Companies) that incorporate in the BVI but do business outside of the country are not taxed. Companies don't have to pay taxes on items, including income, capital gains, customs duties, sales, profits, inheritances, dividends and interests.
