Business set-up in British Virgin Islands (BVI) is made effortless and quick with the help of experienced and qualified professionals at Enterslice. We at Enterslice are a team of professionals providing services which helps businesses to have a global presence.
The top benefits of entering the BVI market are as follows:
Business friendly environment
Corporate flexibility
Tax haven legislation
Confidentiality
Simple registration process
Minimal Capital requirement
Low Cost Incorporation
Zero tax policy for Corporate
No requirement for tax compliance
No accounting or auditing requirement
Fluency in transaction
Favourable cryptocurrency laws
The major types of business structures that are majorly adopted by businesses for carrying out their business in BVI is as follows:
Companies in BVI are formed under the BVI Business Companies Act of 2004. As per the Business Companies Act, there are five types of companies which may be formed:
A company limited by shares;
A company limited by guarantee and authorized to issue shares
A company limited by guarantee and not authorized to issue shares
An unlimited company authorized to issue shares
An unlimited company not authorized to issue shares
Trusts created under the Virgin Islands Trust Act of 2003 is known as a VISTA in short. It is used to hold shares in a BVI Business Company. VISTAs are generally used by people having family-owned business and those people must be willing to run the company independently and benefit from the trust’s estate planning ability and trust assets that have been invested in high-risk investments.
To establish a limited partnership a registered agent is engaged to set up limited partnerships in Virgin Islands. The registered agent is responsible to take you through every step of partnership formation.
Enterslice is one of the leading management consultancy firm which offers end-to-end business set-up, financial, regulatory, taxation, legal and advisory services to early-stage start-ups, entrepreneurs and large corporate houses across the globe.
Our BVI Entry Strategy services involve the following services:
Our BVI Entry Strategy is further classified into the following:
Our business set-up services provide advisory related to the type of business structure a business should opt for while setting up business in BVI. There are various business structures in BVI such as BVI Business Company, VISTA and limited partnerships. Our team provides advisory on the type of business structure that is best suited for a business depending upon the business needs followed by opening a bank account for the company in BVI, post registration compliances.
Our consultancy services relate to managing business in BVI. It includes advisory relating to registration of a business. Consultancy services relating to maintenance of corporate records and filing requirements. It helps maintain proper track record of company’s previous financial transactions and also ensures that the filing requirements are fulfilled timely.
Our legal experts advice on legal issues and concerns pertaining to contract disputes, corporate decisions, corporate growth and other practices. Our legal team also assists in preparing and reviewing legal Paper works related to the business establishment and operation.
Our legal experts provide legal advice on protection of Intellectual Property and formulate strategy for obtaining Trademark Registration in BVI by filing trademark registration application. They also advice on various IP related issues compliance.
BVI is a lucrative destination for dealing in virtual digital assets, cryptocurrencies and Fintech transactions. BVI has its own set of regulatory framework encouraging BVI companies to develop and use innovative Fintech within the framework of its regulatory environment. Our team advises on how to manage Fintech and cryptocurrencies in BVIs.
Our tax experts provide advisory on tax payments in the nations where Business Company established in BVI conducts business. In BVI, there is no capital gains tax, corporate tax, wealth tax, income tax or any other fiscal regulation. So establishing a Business company in BVI as an intermediate holding company will lead to tax neutral levels in corporate holding structure.
The official currency of BVI is U.S. Dollar.
Registered agent is a person which serves as a link between the Registry of Corporate Affairs in BVI, the BVI International Tax Authority and the company. Business formation as a trust permits the businesses to pay less income taxes and inheritance taxes.
For understanding the process of setting up a company in BVI click here or reach out to experts at Enterslice. Our expert in legal domain can brief you on the process of company registration in BVI.
BVI has modified its laws and introduced new and innovative business structures such as VISTA trusts and private trust companies. These trust are gaining popularity as they are coupled with rules refining limitation applicable on non-charitable purpose regulations and trusts against remoteness of vesting.
In BVI, Trademarks registration is done under the Trademarks Act, 2013 read with the Trade Marks Rules, 2015.
Fintech and cryptocurrencies in BVI is regulated by the BVI’s Virtual Asset Service Providers Act of 2022 which is effective from February 2023.
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-- Testimonials
“Enterslice use technology better than others. That saves time and money; Team enterslice is more efficient than traditional competitors, and that helps to pass on the cost advantage to its clients. The company is building a high-level transparency in legal services by optimum use of technology and process automation in consulting. I highly recommend this company.”
“Excellent advisory role by Enterslice Team. They are a trusted partners to us. Narendra and his team helped us with our pre NBFC applications and Post NBFC advisory services.”
“Amazing services provided by your organization. They have completed our NBFC registration order within stipulated time period of 90 days. They provide constant guidance and support in the process. Their support in building fintech software is amazing.”
“I chose Enterslice to start my new Indian adventure as entrepreneur, and respect my past experience i was surprised by their professionalism. In particular, Raksha T. followed my startup process, and i was delighted with her support on every moment. Great, great experience.”
“I came to know about Enterslice through a friend. Since then I have done GST Registration through them. The services are consumer centric and fast. I have recommended them to many of my acquaintance already.”
“Great set of people working together. Very customer friendly. I am very satisfied with the food license registration services and will definitely come back for other similar requirements.”
“They provided customized and Highly skilled CA &services. The management invests themselves in your work. They ensured timely NBFC registration and are always ready and prepared with excellent advisory services. The best part of working with Enterslice is they are not having expertise of law but they are well versed with Digital marketing skills &fintech business model.”
“I have registered my Trademark through them. The application was filed within 3 days. And the charges were also very reasonable. We got TM Approved in 6 month’s time without any re-submission or objection. They charge high to deliver the best in industry.”
“I would like to thank the Enterslice team for the excellent business plan made by them. They understood our requirement and gave us exactly what we wanted. Thank you Team Enterslice.”
“Thanks for your services. The team is really professional. They make sure that things are delivered in time. The best part about Enterslice is the consultative approach and guiding us on all our business matters.”
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