Annual Licence Fee
A BC Company is totally exempted from any taxation in the BVI.
A BVI Company shall keep such accounts and records as the Directors consider necessary or desirable in order to reflect the financial position of the company. However there is no requirement for preparation of audited financial statements.
A BVI Company must have a Registered Agent and a registered office in the BVI.
A BVI Company is required to have a common seal and an imprint thereof must be kept at the registered BVI office.
A BVI Company is required to keep Minutes of all meetings of Directors and members at the registered BVI office or at such other place as the Directors determine.
Certificate of Good Standing
A BVI Company may obtain a Certificate of Good Standing upon application to the Registrar of Companies.
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