This is one of our most popular packages with worldwide customers, and includes: -

The formation of a business company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;

The registration your BVI offshore company from scratch using our registered agent & registered office address; and appoint your own candidates to the roles of director, and a shareholder;

The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);

The government and initiation fees for incorporation are included in the price of this package;

The search for business company name availability, confirmation, and reservation;

The preparation and submission of the memorandum and articles of association of your company;

A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);

To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.

The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -

An original certificate of incorporation;

A hard bound copy of the memorandum and articles of association;

The minutes of the first meeting of the board of directors;

A completed register of directors and shareholders;

An elegant printed share certificates;

A pliers seal.

	Economy Package		£ 560.00 Annual Maintenance Fee £545.00

This is another one very popular package with worldwide customers, and includes: -

The formation of a business company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;

The incorporation your BVI offshore company from scratch using our registered agent & registered office address, and appoint your own candidate to the role of a shareholder;

The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);

The government and initiation fees for incorporation are included in the price of this package;

The search for business company name availability, confirmation, and reservation;

The preparation and submission of the memorandum and articles of association;

A local registered office address and a local registered agent for 12 months are included in the price of this package (our registered agent & office address service are charged annually);

The provision of a nominee director for one year is also included in the price of this package (our nominee director service is charged annually);

To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.

The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -

An original certificate of incorporation;

A hard bound copy of the memorandum and articles of association;

The minutes of the first meeting of the board of directors;

A completed register of directors and shareholders;

An elegant printed share certificates;

A pliers seal;

The general power of attorney signed by a nominee director (additional fee applies);

Pre-signed, undated resignation letter from a nominee director;

The agreement for the provision of a nominee service and indemnification of nominee.

	Premier Package		£ 725.00 Annual Maintenance Fee £805.00

This is our most popular package with international customers, and includes: -

The formation of a business company usually takes as little as two to five working days from the time that your application and payment are received by Coddan;

The registration your BVI offshore company from scratch using our registered agent & registered office address, and appoint our own candidates to the role of a nominee director and a nominee shareholder;

The standard capital on formation is US$50,000 divided into 50,000 shares valued at no par value or US$1.00 each (it is not required to have all of the shares issued, but a minimum of one share must be issued);

The government and initiation fees for incorporation are included in the price of this package;

The search for business company name availability, confirmation, and reservation;

The preparation and submission of the memorandum and articles of association;

A local registered office address and a local registered agent for one year are included in the price of this package (our registered agent & office address service are charged annually);

The provision of a nominee director for 12 months is included in the price of this package (our nominee director service is charged annually);

The provision of a nominee shareholder for 12 months is also included in the price of this package (our nominee shareholder service is charged annually);

To receive an original of the certificate of incorporation from the Companies Registrar usually takes as little as two to three days from the time of incorporation.

The following hard bound copy of corporate documents, will be posted to you upon formation of your offshore company: -

An original certificate of incorporation;

A hard bound copy of the memorandum and articles of association;

The minutes of the first meeting of the board of directors;

A completed register of directors and shareholders;

An elegant printed share certificates;

A pliers seal;

Pre-signed, undated letters of resignation from a nominee director and a nominee shareholder;

A general power of attorney signed by a nominee director (additional fee applies);

A declaration of trust from a nominee shareholder;

An indemnity letter for the power of attorney;

A nominee agreement which provides for the indemnification of the nominees.

	Deluxe Package		£ 835.00 Annual Maintenance Fee £1,000

A business company in the British Virgin Islands can trade within the British Virgin Islands or own real estate in the jurisdiction of the BVI.

A business company is required to have a registered office address in the British Virgin Islands.

A company is required to have a registered agent in the British Virgin Islands.

At least one director must be appointed as a managing director of a business company.

There is no maximum number of directors.

A director can be of any nationality.

Director(s) can be corporate bodies (another company, trust or a partnership) or private individuals.

At minimum, one shareholder must be appointed.

Shareholder(s) can be corporate bodies (another company, trust or a partnership) or private individuals.

The same person can be appointed both as a shareholder and a director.

Company officers may be resident outside of the British Virgin Islands.

The names and addresses of directors and shareholders are not available on the public record.

There is no requirement for appointing a resident shareholder or director.

There is no requirement for a resident secretary, but it is advisable.

The minimum paid in and issued capital may be just one share which is fully paid.

Shares can be issued with or without par value.

Shares may be issued in any recognisable currency or in more than one recognizable currency.

A BVI registered business companies do not have an obligation to prepare of file financial accounts. However, records must be kept that are sufficient to show and explain the company\'s transactions; and will, at any time, enable the financial position of the company to be determined with reasonable accuracy.

A BVI business company is exempt from the BVI income tax, the same exemption applies to all dividends, interest, rents, royalties, compensations and other amounts paid by a company, and all capital gains realised with respect to any shares, debt obligations or other securities of the company.

Confidentiality is one of the key features of the BVI business company as details of the company beneficial owners, directors and shareholders are not part of public record. Register of shareholders, register of directors and all minutes and resolutions by the company are kept only at the offices of the registered agent in complete confidentiality.

			BVI Offshore Incorporation Legal Requirements