Launch Your British Virgin Islands Company in 48 Hours

No. The British Virgin Islands Companies Registry is one of the most efficient in the world, and the entire formation process can be completed online. SFM handles all paperwork, signatures, and government filings on your behalf — you can be based anywhere in the world.

Once we receive your KYC documents and signed application, the British Virgin Islands Companies Registry typically completes incorporation within 1-2 business days. Total turnaround from first call to fully registered company is usually 5-7 business days.

British Virgin Islands uses a territorial tax system. Only profits derived from business activities within British Virgin Islands are taxable. Foreign-sourced income — even when received by a British Virgin Islands company — is exempt from British Virgin Islands tax. We strongly recommend consulting a tax advisor in your country of residence to confirm your personal tax position.

Names of company directors and shareholders appear on the British Virgin Islands Companies Registry public record. However, financial accounts are NOT publicly accessible. For maximum confidentiality, structures involving nominee directors or holding companies in privacy jurisdictions can be discussed during your free consultation.

British Virgin Islands banks are stringent. To open a bank account directly in British Virgin Islands, the ultimate beneficial owner generally needs to visit British Virgin Islands in person. If that’s not feasible, SFM can arrange remote bank account opening in alternative reputable jurisdictions (UAE, Switzerland, Singapore, Cayman, BVI) — British Virgin Islands companies are universally accepted by international banks.

For each director, shareholder, and ultimate beneficial owner: (1) certified copy of passport, (2) certified copy of proof of address dated less than 3 months, (3) curriculum vitae, (4) last 3 months’ bank statement. SFM walks you through the certification process — most clients can use a notary or licensed solicitor in their home country.

Year 1 starts at USD 2,300, which includes incorporation fees, government fees, registered office, company secretary, and SFM service fee. Year 2 onwards typically runs at a lower annual renewal rate. Bank account assistance, accounting, and additional services are quoted separately. You’ll receive a complete written proposal before any commitment.