The British Virgin Islands is a British Dependant Territory which consists of numerous small islands, situated at approximately 50 miles east of Puerto Rico and adjacent to the United States of America, it is one of the most prosperous locations in the Caribbean. Tortola, Virgin Gorda, Anegada and Josh Van Dyke form the principal islands of the British Virgin Islands with the capital being Road Town in Tortola. If you are exploring options to form a company in the British Virgin Islands, then Wembley Businessmen is the right place for you.
The British Virgin Islands (BVI) offers the option of registering as an International Business Company (IBC) and charges a reasonable fee with a priority basis fast-track approval process that takes up to three days on an average. Under the BVI laws one may form corporations with only one director and one shareholder, even the same person can play both the roles in the corporation, and companies can also come under corporate ownership and shareholders and thus one must initiate the process by making an application with the proposed name of the company along with the name of the director(s), their date of birth, addresses and nationalities. The submission of the full name and address of the shareholders is must.
The applicant may also appoint nominee shareholders to his company. There is no requirement related to their nationalities nor their names appear on the public record. A non-resident person can also be a director.