British Virgin Islands

1. INTRODUCTION
- British overseas territory on Caribbean islands. One of the most popular offshore centres.

2. ADVANTAGES
- Maximum confidentiality possible.
- Stable but flexible legislation for IBC-s.
- Low prices for incorporation and annual fees.

3. DISADVANTAGES
- Lower prestige than European offshore centres have.

4. COMPANY NAME
- Sensitive words "Bank", "Insurance ","Royal","Trust", "Assurance", "Building Society", Chamber of Commerce", Charter", Co-operative", "Imperial", "Municipal", "Trustee Company"..
- Must end "Inc.", "Ltd", "Corp.", or "S.A."

5. SHAREHOLDERS
- min. 1 legal person or individual or bearer

6. DIRECTORS
- min. 1 legal person or individual.

7. ACCOUNTS
- not needed

8. SHARE CAPITAL
- optimal - 50.000 $ (must not be paid up).

9. TIME TO SUPPLY
- from ready-made list- 3 days for courier.
- with new name - up to 14 days