The British Virgin Islands (BVI) is a popular jurisdiction for offshore company formation due to its tax-friendly policies, privacy, and ease of doing business. If you’re looking to form a BVI offshore company, you can easily complete your order form online. In this article, we’ll take a look at the steps you need to follow to complete your BVI Offshore Company Online Order Form.
Step 1: Choose a Registered Agent
The first step to forming a BVI offshore company is to choose a registered agent. A registered agent is a third-party service provider who acts as a liaison between you and the BVI government. They are responsible for handling your company’s legal and administrative affairs in the BVI, including filing annual reports, maintaining records, and paying fees.
There are many registered agents to choose from, so it’s important to do your research and choose one that is reputable and reliable. Look for a registered agent that has experience in BVI offshore company formation and can provide you with excellent customer service.
Step 2: Provide Your Company Details
Once you’ve chosen a registered agent, you’ll need to provide them with your company details. This includes the name of your company, the type of business you’ll be conducting, and the names and addresses of your directors and shareholders.
When choosing a name for your BVI offshore company, it’s important to keep in mind that certain words and phrases are prohibited, such as “bank,” “trust,” and “insurance.” Your registered agent can provide you with a list of prohibited words and phrases to help you choose a suitable name for your company.
Step 3: Choose Your Company’s Articles of Association
Your company’s articles of association are the rules and regulations that govern how your company operates. You can choose to use the BVI Model Articles or create your own articles of association.
If you choose to create your own articles of association, you’ll need to ensure that they comply with BVI laws and regulations. Your registered agent can provide you with guidance on drafting your articles of association and ensuring they meet BVI legal requirements.
Step 4: Provide Identification and Proof of Address
As part of the BVI offshore company formation process, you’ll need to provide identification and proof of address for all directors and shareholders of your company. This is to comply with BVI anti-money laundering regulations.
Acceptable forms of identification include passports, national identity cards, and driver’s licenses. Proof of address can include utility bills, bank statements, and other official documents that show your name and address.
Step 5: Sign and Submit Your Order Form
Once you’ve provided all the necessary information and documentation, you’ll need to sign and submit your BVI offshore company order form. Your registered agent will provide you with a copy of the order form, which you can sign electronically or print and sign manually.
After you’ve submitted your order form, your registered agent will handle the rest of the formation process, including registering your company with the BVI government, obtaining your company’s certificate of incorporation, and providing you with any other necessary documents.
In conclusion, forming a BVI offshore company is a straightforward process that can be completed online with the help of a registered agent. By following the steps outlined in this article, you can easily complete your BVI offshore company order form and begin enjoying the benefits of doing business in a tax-friendly and privacy-focused jurisdiction.