BVI Company Registration

Details

I. Registration requirements

1. Company name: The company name must end with “LIMITED”, LIMITED, CORPORATION, INCORPORATED or their abbreviations, such as: LTD, CORP or S.A., Co., LTD. (The company name cannot end in lowercase.) (BVI Restricted Word Blockchain, Cryptocurrency, Digital Currency, Fund, Finance (please refer to BVI Restricted Word 2013BVI Restricted Word)) When registering your company name, please make sure the case is the same as when verifying your name.
2. Registered capital: 50,000 shares are recognized by default, if there is no special requirement, all shares will be registered at 50,000 shares; if not registered at 50,000 shares, the fee will be charged at 50,000 shares or more.
3. If you provide photos, be careful not to cover with your hands, do not add watermarks, do not have clutter; documents are neatly placed, photos are clear and complete (do not take only half a page or more than half a page), be careful not to reflect, documents are not placed in card holders or wallets to take pictures, such as driver’s licenses to take out to shoot;
4. Scope of business: Capital management, investment services, economic and trade consulting, project investment, investment consulting, investment management and the like The term requires a license. Investment consulting, investment management, economic and trade consulting, investment advice, custodianship of investments, operation of investment exchanges.

II. The information required for registration

1. Preferred:

• Natural person director shareholder: passport + ID card + handheld photo.
  If the customer does not have a passport: director’s ID card + account book (showing the information page of the head of the household) + address proof + hand-held photo
• Company shareholders:
  If the shareholder is a corporation, the certificate of incorporation + the register of directors + the register of directors (postmarked) + the register of shareholders + the articles of incorporation + the certificates and proof of address of the directors and shareholders.
• For Vanuatu clients (high-risk countries), a Chinese passport, lawyer or accountant’s reference letter (with lawyer’s or accountant’s license) are also required – advance consultation is advisable

2. Registration information confirmation form, need to be signed by the customer to confirm (the source of registration funds should be written on the name of the company where the customer is employed, title. Annual salary and other relevant information, the source of funds can not be an offshore company, if the entity company.)
3. Self-declaration of political public figures

III. The application process (provided that the customer data are provided to complete, no additional information is required)

1. Contract Payment
2. Customer provides company name for verification
3. Customers provide the necessary information for registration
4. We produce files based on customer data
5. The customer signs, waits for the engraved file to be stamped, and then returns the file to the pipeline
6. Collection of original documents

Original:

1. Certificate of Incorporation (CCO)
2. Resoulution of The Subscriber
3. Register of Directors
4. Share Register
5. Minutes of First Meeting of Board of Directors
6. Board of Directors Resoulution-Issuing Capital Stock
7. Named Certificate of Shares
8. Memorandum and Articles of Association
9. Share Certificate
10. Stamp 3pcs + box

1-2 working days to complete the file after all the information is submitted — 4-7 days to receive the original (the original will be sent together with other company information, the specific time depends on the actual situation) —- The original will be sent to the customer after the shareholder of the director has signed back (the time is subject to the completion of the customer’s signature back)

IV. BVI company transfer agent

Information provided by client
 1. Preferred: Natural shareholders and directors: ID + passport, proof of address + handheld photo. (Provide the ID and address proof provided at the time of registration)
 If the customer does not have a passport: provide the director’s ID card + account book (showing the information page of the head of the household) + address proof + hand-held photo
 2. Full set of company information (provide the information with the customer’s signature, otherwise the customer will need to sign again later)
 3. auxiliary documents (such as: the source of money and work company information, business projects)
 4. provide the previous year’s annual audit information and data, provide the economic substance of the return receipt (if any)
 5. Sign the transfer document (provided by our company)
 6. If the annual audit is transferred, you need to charge the transfer agent + annual audit + economic substance of the return, the annual audit overdue, the fines and attorney’s fees need to depend on the specific situation of the company (need to remind the customer to pay attention to the annual audit time). Note: If you find that the client has not done the annual audit or economic substance before after the transfer agent, you need to pay the fee.

Note: The necessary documents for transferring agent: certificate of incorporation, register of directors, articles of association (if there is no additional charge, the sample delivery documents can be seen in the template)

V. Annual audit of BVI companies

BVI companies, registered in the first half of each year, must be audited before May 30
For BVI companies registered in the second half of each year, the annual audit must be conducted before November 30.
The application must be submitted half a month in advance, if the information is not provided in time, resulting in late fines, the customer is responsible for the costs.

After the annual fee of a BVI company is overdue (at the end of May for those registered in the first half of the year and at the end of November for those registered in the second half of the year), a 10% fine will be imposed within two months (at the end of July and January) and a 50% fine will be imposed between the third and fifth months (at the end of October and April), after which the company will be delisted.

VI. Conversion of BVI company shares

Information required from customers

1. Preferred: Director of a natural person shareholder: ID card + passport, proof of address + handheld photo.
   If the customer does not have a passport: director’s ID card + account book (showing the owner’s information page) + proof of address + handheld photo
2. If the new shareholder is a mainland China company, provide: business license + articles of incorporation + corporate, shareholder identification information, address proof, handheld photo
3. If the new shareholder is a Hong Kong company to provide: CI + latest BR + latest NAR1/NNC1 + Articles of Association + Hong Kong company director shareholder identity information, address proof, handheld photo
4. If the new shareholder is a Cayman company provide: CI (Certificate of Incorporation) + MA (Articles of Association) + ROM (Register of Shareholders) + ROD (Register of Directors) + Proxy Certificate (Director’s Certificate of Incumbency) + Cayman company director shareholder identity information, address proof, handheld photo
5. Client Signature Confirmation Form
   If you want to check the latest shareholder information, you will need to issue a proxy certificate for an additional fee. The certificate of proxy will show the latest shareholder information of the company’s directors.

VII. BVI company cancellation

A: A natural person who is not a director or shareholder (liquidator), passport/ID card and proof of address + handheld photo are required. Time: about 2-3 months

B: need to provide: 

1. and the company is not associated with the liquidator
2. the liquidator’s identity information + address proof + handheld photo 2 + payroll sources
3. BVI company cancellation midway through a cancellation file need to cooperate with the customer in the local registration process (at the customer’s own expense)
4. The nature of the company’s current business
5. all natural person positions and salary sources of the company
6.whether the natural person’s address is considered a personal address
Information provided complete about a month out of the registration file, the cancellation of about 3-6 months.

(For specific information, please provide your company name first and ask the product department and confirm the quotation.)

Price List