BVI Company Formation

 

Forming a BVI company is easy and quick with BudgetBVI.

You can choose your own company name and BudgetBVI can advise and assist you to set up a BVI company.  You may also acquire a ready-made company which has been registered in advance and available for use immediately.

Go to our list of ready-made companies (opens a new window) and choose a company.

Check out below for the documents required and Order now to get your company set up.  If you need guidance to choose your own company name or acquire a ready-made company, talk to our 24 hour online support team at enquiry@budgetaccounts.com.hk.

 

Information required

Name Can be in ‘English’ or ‘English and Chinese’
Must end with the word “Limited”, “Corporation”, “Incorporation” or their abbreviations, “Ltd.”, “Corp.”, “Inc.”.
Share Capital No minimum requirement
Directorship Minimum one
Can be a person over 18 years old or a corporation
No nationality restriction
Shareholder Minimum one
Can be the same as the director
Can be a person over 18 years old or a corporation
No nationality restriction
No upper limit
Company Secretary Optional
Registered Office Provided by the Registered Agent
Nature of business Can specify the intended activities or type of industries. The general descriptions of business are not acceptable such as “investment”, “holding company” or “trading”
Source of fund Can specify the source of fund from shareholder, sales proceed etc.

 

Documents required

(i)             *Nature of Business

(ii)           Source of Fund / Income

(iii)          **Certified Copy of I.D. card or Passport of all Director(s) , Shareholder(s) and***Ultimate Beneficial Owner(s)

(iv)         **Certified Copy of Address proof of all the Director(s) , Shareholder(s) and Ultimate Beneficial Owner(s) such as water bill, electricity bill, tax bill, foreign driving license, bank statements (valid within 3 months)

(v)           If Shareholder(s) or Director(s) is/are corporate body, please provide the following  information:

  1. ** Certified Copy of the Certificate of Incorporation
  2. **Certified Copy of Register of Directors and Shareholders
  3. ** Certified Copy of the Memorandum and Articles of Association
  4. Each Shareholder(s) who owns ten or more percent of the company, please provide the above items 1 & 2.

(vi)         Signed documents as a record of evidence of each company.

(vii)        Updated all registers of each company

(viii)      Maintaining any identities and records of each company for at least five years after discontinuation of services.

 

Notes:

*          Please specify the intended activities or type of industries.  The general descriptions of business are not acceptable such as “investment”, “holding company” or “trading”.

**      Certified by Lawyer or CPA

***     If ultimate beneficial owner is a public company listed on a recognized Stock Exchange, it will be sufficient to provide us with the latest annual report.

 

 

Time to incorporate

For Ready-made Company, a company can be incorporated in at least 1 working day

For Choose Your Own Company Name Company, a company can be incorporated in at least 5 working days for choose your own company name company.

It depends on when we can receive the full and complete information required.