Typical Uses for British Virgin Island Companies Worldwide
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Typical Uses for British Virgin Island Companies 
Worldwide
In 1984, BVI introduced the International 
Business Company (IBC) Legislation, allowing 
businesses to incorporate in the territory.   Its 
solid regulatory structure, dependable 
government, modern legal structure, 
accommodating business procedures and 
opportune timing, attracted worldwide 
attention and catapulted the BVI to become 
the world most popular choice for offshore 
corporate domicile.   
Typical Uses of the BVI Company
BVI’s International Business Company Act essentially allows an incorporated company to 
participate in any type of business (of course, provided such is not illegal under local laws).   
Some of the most common uses include:
 Trading:  a company that focuses on importing or exporting, sale and distribution of 
goods.
 Holding:  an entity that acts as the overall holding company for real estate,  
investments or trading companies in a global corporate structure.   
 Boat Registration:  A vehicle under which to register an offshore ships and yachts 
operating globally.
 Investment Hedge Funds:   Flexible solutions and low-cost infrastructure and are tax 
exempt.  
Typical Uses of the BVI Company
 Crypto / Fintech Solutions:  Despite a lack of specific regulations for this sector, BVI 
companies are very popular in this marketplace.  
 Asset Protection:  BVI is a popular trust establishment jurisdiction.  Trusts protect assets 
and allow for effective succession planning.  Trusts protect the settlors and beneficiary 
confidentiality, are not subject to probate, and are tax exempt.  
Minimal Incorporation Requirement
Minimal requirements to satisfy prior to incorporation include:
 Completion of an application form
 Certified or Notarized passport copy
 Certified or Notarized proof of address
 Provision of References
 Due Diligence Verification Process 
Great Advantages
 Can have a single director and single shareholder 
 A company secretary is not mandatory
 There is no residency requirements for directors
 There are no stipulations as to frequency or location of meetings of 
directors or shareholders. In addition telephone meetings and 
written resolutions executed in counterpart are allowed.
 Audited financial statements are not required
 Low initial incorporation and maintenance cost compared to other 
jurisdictions
 Minimal corporate recordkeeping requirements and flexibility as to 
where the original corporate records can be maintained
Contact us
CCP financial consultants limited 
Ph no. +1 (284) 494-6777
[email protected]
Website: ccpbvi.com
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