Holding Company in the BVI

BVI Holding Company

A BVI IBC may be used as a holding company of any kind of entity anywhere in the world. Such a structure enhances the owner's privacy, facilitates ultimate sale of the underlying business and may have other practical benefits in the course of day to day operations. For example, the holding company could be used to provide loans to subsidiaries in various countries, on which the subsidiaries may obtain the benefit of tax deductions on interest paid. Since the holding company is situated in the BVI, where there are no income or corporate taxes on IBCs and no dividend payment requirements, profits which are accumulated in the tax free jurisdiction can be used to fund subsidiaries' requirements or reinvested elsewhere.

For companies not requiring a high profile a BVI company provides a very cost effective, flexible alternative. This type of company can be used as a holding company or an investment company.

Holding Company: using holding company can have several objectives. A holding company can be established and used to hold the shares of subsidiaries located in high tax countries. Also, when a person owns assets or property in a territory which is not his domicile, then he can protect his assets against inheritance tax and higher rates of taxation by placing them in an offshore investment company. Offshore holding company may be used to hold the title of the property, thus diminishing those difficulties and expenses associated with investment in overseas property.

If a holding company is registered in a suitable offshore jurisdiction with appropriate double-tax avoidance treaties in place with the owners' home jurisdiction, such company may be used to hold shares in various offshore trading companies owned by the same owner. This would provide for fully or nearly tax-free repatriation of offshore trading profits directly to the beneficial owner of the company.

A wide range of application are possible with a BVI Company, including: investment, property holding, financial management, trading and copyrighting and/or licensing. Unlike many other jurisdictions, there are no disclosure requirements, nor any minimum capitalization regulations, nor any prohibitive license fees pertaining to trust and trustee companies for application in private-label trust company, unit and mutual fund situations.

Offshore company can be integrated into a wide variety of tax planning and asset protection arrangements. Reduced or deferred tax liability and increased confidentiality are just two of the benefits which can be achieved by proper usage of an offshore company. In practice, offshore strategy depends on the anti-avoidance laws that may be in force in the country where the beneficial owner is citizen, is domiciled or does business. Therefore, we recommend to all potential customers to receive qualified tax advice from tax specialists in his/her country of residence, domicile or proposed business operations.

BVI Companies Formation Packages

BVI companies are one of the best offshore structures on the market at present and BVI offshore company formation process is very straight forward. We can offer you BVI shelf companies list to choose from or set-up a BVI company in one working day. Coddan offers package of BVI International Business Companies formation, cut out to your needs:

Economy Package - £560.00

The Economy Business Company package includes:

• The registration of your British Virgin Islands' Business Company within 2 to 5 working days. After the incorporation please allow us 4-5 business days to receive original documents from the BVI Registrar of Companies.
• Company name availability, confirmation, and reservation
• The payment of initiation fees
• The payment of the first year's registration fees
• The appointment of your own candidates to the roles of director and shareholder
• The registration of your US$50,000 authorized share capital divided into 50,000 shares valued at US$1.00 each (a minimum of one share must be issued)
• The preparation and submission of the Memorandum and Articles of Association of your company
• A local registered office address and a local registered agent (both of which are statutory requirements in the British Virgin Islands)
• The first year's fees for a local registered office address and a local registered agent

The following documents will be sent to you via courier:

• The original Certificate of Incorporation
• A bound copy of the Memorandum and Articles of Association of your company
• The Minutes of the First Meeting of the Board of Directors
• A completed Register of Directors and Shareholders
• Share Certificates
• A company seal

Order BVI International Business Company: Economy Formation Package - £560.00

Please contact us for more information. If you have any queries, please call us during business hours and speak to one of our highly trained incorporation specialists. You can call us by phone 800-081-1510 or + 44 (0) 207.935.5171, or make an initial consultation request.