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British Virgin Islands |
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Set up Fee:
The fee is HKD$6,000 The default number of authorized shares is 50,000 with par value USD$1or no par value. (Additional delivery and administration charges for area outside HKSAR)
additional HKD$1,000 would be charge if you buy a shelf company with Chinese name. |
Time:
It takes 12 working days for registering a new one and 2 working days only for buying a shelf company.
Advantages for establishing BVI Company:
Able to open bank account in Hong Kong and other countries
Most popular offshore company, more choice for shelf company
Owners of company get good privacy. Companies' information is not publicized, disclosure to agent is required only
No auditing is required by the Government of BVI
Tax duties are completely exempted if business is not operated in BVI.
Properties can be bought or sold under the name of the company
BVI company is a good tool for offshore trading to avoid tax
Easy maintenance
BVI enjoys political and economic stability
BVI Company package includes the followings:
Incorporation certificate
Memorandum and article for the company
Company shares
Pre-inked stamp
Common seal
Submitting information of shareholder(s) and director(s) to Companies Registry ;
Statutory book
Annual maintenance fee:
The annual maintenance fee is HKD$6000. It includes Government annual registering fee, registered office fee and agency fee.
Other fee
Bank may request for a Certificate of Incumbency or a Certificate of Good Standing from the company, which want to open account. We could provide such document upon request. The cost for each document is HKD$1,500.
Download BVI-information-form.doc
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Tel: |
(852) 2396 9141 |
Fax: |
(852) 2789 3362 |
Address: |
Flat B, 7/F., European Asian |
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Bank Bldg;749 nathan Road, Mongkok, Kowloon. |
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