Country
BRITISH VIRGIN ISLANDS
International Business Companies (IBCs) are incorporated under the Companies Act 1985, International Business Companies Ordinance 1984 (as amended) and the Banks and Trust Companies Act 1990.
Type of Company | IBC (International Business Company) |
---|---|
Common or Civil Law | Common |
Disclosure of Beneficial Owner | No |
Migration of Domicile permitted | Yes |
Tax on Offshore Profits | Nil |
Standard Authorised Share Capital | 50,000 US Dollars |
Bearer Shares Allowed | Yes |
Minimum Number of Shareholders | One |
Minimum Number of Directors | One |
Company Secretary Required | No |
Corporate Directors Permitted | Yes |
Corporate Secretary Permitted | Yes |
Registered Office/Agent Required | Yes |
Local meetings | No |
Government Register of Directors | No |
Government Register of Shareholders | No |
Annual Return | No |
Annual Submission of Accounts | No |