Off Shore Companies

We assist our clients with the incorporation of offshore companies in several offshore regions. We have extensive experience in incorporating offshore companies through our correspondence offices in the British Virgin Islands, Cayman Islands and Jabal Ali.

One of the most preferable offshore region for the incorporation of new offshore companies may be the British Virgin Islands (BVI). BVI is one of the most recognized offshore areas in the world where investors may incorporate partnerships, trusts and/or foundations. The BVI is an internationally recognized offshore center and also one of the oldest and many other offshore jurisdictions based themselves on the BVI’s laws prior to developing their own corporate laws. The BVI offers a high level of anonymity and privacy and it is a stable jurisdiction with a very good reputation. The BVI Financial Service Commission is the governing authority and companies are regulated under the Business Companies Act 2004. Companies incorporated in the BVI are not subject to any taxes of any sort. The currency of the BVI is the American Dollar (US$). The Directors of companies incorporated in the BVI are free to open bank accounts at any reputable bank in the world. There are no requirements for opening a BVI Bank account.

In practice the basic associated expenses for incorporating a BVI company are the Registered Office/Agent fees – US$650 per annum, Government’s annual license fee is US$350 or US$1,100 depending on the maximum number of shares the company is authorized to issue, Company seal as required by BIV Regulations will cost U$ 45; in addition to our office fees.