Dmitri Mihhailov
General Partner
Leads Prifinance's corporate practice and oversees client engagements, with senior expertise in international company structuring and bank-account setup.
Register a company in the BVI, the global standard.
Set up a BVI Business Company, the world's most widely used offshore vehicle, with hundreds of thousands of active companies behind it. Zero corporate tax, US dollars as the official currency, English common law with final appeal to the Privy Council, and documents every bank and law firm on the planet has seen before. Filed remotely through a registered agent in days.A BVI Business Company set up remotely in 1-3 days: zero tax, US dollar as official currency, and the one offshore brand every bank accepts.
27 yrs
on the international marketon the market
60+
in-house specialistsspecialists
6,000+
companies servedcompanies served
Updated
BVI · at a glance
Legal formBC · Business Company
Time to set up1-3 business days
Corporate tax0%
Capital gains / dividendsNot taxed
Official currencyUS dollar
Remote setupYes - via registered agent
4.7
★★★★★
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The BVI in brief
The default choice of international structuring.
The British Virgin Islands are a British Overseas Territory whose Business Companies Act became the template the offshore world copied. More cross-border joint ventures, holding structures and investment vehicles run through BVI companies than through any other jurisdiction - which means every serious bank, fund administrator and law firm already knows the documents, the case law and the comfort opinions. The US dollar is the official currency; the courts run through a dedicated Commercial Court up to the Privy Council in London.
The company itself is light to carry: no corporate income tax, capital gains tax or withholding, no public register of shareholders, and a simple unaudited annual financial return filed privately with the registered agent. Incorporation through the electronic registry takes days. The trade-off against cheaper islands is a higher government fee - the price of the strongest brand in the industry, and usually worth it the first time a counterparty says «a BVI company? no questions».
The BVI's Business Companies Act became the template the offshore world copied - more JVs, holdings and investment vehicles run through BVI companies than anywhere else. USD is the official currency; disputes go to a dedicated Commercial Court and the Privy Council.
No corporate tax, capital gains tax or withholding; shareholders stay off public registers; a short unaudited return is filed privately with the agent. The higher fee buys the strongest brand in the industry.
Packages & pricing
BVI company registration - cost & packages.
01 - BC · BVI BUSINESS COMPANY
Company
from$2,800USD · all-in
Remote incorporation of a BVI Business Company - name reservation, registry filing, government fees and the first year of the registered agent and office included.
✓Company name check & reservation✓BC registration & all government fees✓Memorandum & articles of association✓Registered agent & office - first year✓Corporate documents with apostille✓Free pre-incorporation consultation
Optional add-ons: nominee services - on request · certified document sets - from $150 · annual renewal - from $1,700/year.Add-ons: nominee services on request · certified copies from $150 · renewal from $1,700/year.
Start with Company →02 - BC · BVI BUSINESS COMPANY
Most popularCompany + Bank Account
from$4,500USD · all-in
A working BVI company with a bank or fintech account - multi-currency IBAN, cards and online banking, arranged fully remotely.
✓Everything in Company✓Account with an international bank or EU/UK EMI - multi-currency, SWIFT/SEPA✓Account application & KYC file preparation✓Introduction to 2-3 suitable institutions✓Compliance onboarding support✓Dedicated account manager
Start with Banking →Starting figures; the exact quote is fixed before work begins. No paid-in capital is required; the government fee depends on the number of authorised shares and is itemised.Starting figures, fixed before work begins. The share-count fee band is itemised.
What you can do
Popular uses for a BVI company.
BVI law does not restrict founders by citizenship or residence, and a Business Company may pursue almost any lawful business worldwide. One company can combine several of the uses below; only regulated activities such as funds, banking or insurance need a licence.A Business Company may pursue almost any lawful business worldwide. One company can combine several uses.
Holding & joint ventures
The world's default vehicle for shareholdings, JVs and pre-IPO structures banks already understand.
M&A and SPVs
Acquisition vehicles and special-purpose companies set up in days for deals of any size.
Investment fundslicensed
Incubator, approved and professional funds under the FSC's recognised regimes.
International trading
Import-export and cross-border invoicing with USD as the official currency.
IP & royalties
Owning trademarks, software and content, and licensing them to operating companies.
Yachting & assets
Vessels, aircraft and high-value assets held in a jurisdiction registries respect.
Holding & JVs
The world's default holding vehicle.
M&A and SPVs
Deal vehicles set up in days.
Investment fundslicensed
FSC-recognised fund regimes.
Trading
USD-native cross-border invoicing.
IP & royalties
Trademarks and software licensed out.
Yachting & assets
High-value assets, respected registry.
Why BVI
Key advantages of the jurisdiction.
✓
The strongest brand
The most widely used offshore jurisdiction on earth. Counterparties, banks and lawyers accept BVI paper without a second look.Banks and counterparties accept BVI paper instantly.
✓
Genuine zero tax
No corporate income tax, capital gains tax or withholding; the US dollar is the official currency, so there is no FX layer at all.No income, gains or withholding tax; USD official.
✓
Proven law & courts
A dedicated Commercial Court, deep case law and final appeal to the Privy Council. The legal certainty deals are priced on.Commercial Court + Privy Council case law.
✓
Privacy with credibility
No public register of shareholders; beneficial owners are filed privately with the regulator, not exposed to the public.Owners filed privately, not published.
✓
Light ongoing duties
A short unaudited financial return filed privately with the agent. No public accounts, no tax filings.Private unaudited return; no tax filings.
✓
Fast and flexible
Incorporation in 1-3 days, no minimum capital, any share structure, redomiciliation in and out permitted.1-3 days, no minimum capital.
How it compares
The BVI next to the usual shortlist.
Cheaper islands beat the BVI on fees; none beat it on acceptance. Cayman wins only where fund investors demand it. At several times the cost. Figures current as of 2026.Cheaper islands beat the BVI on fees; none beat it on acceptance. Figures as of 2026.
| Country | Corporate tax | Annual government fee | Fully remote incorporation |
|---|---|---|---|
| BVI | 0% - no income, gains or withholding tax | From $450 | Yes - via registered agent, 1-3 days |
| Cayman Islands | 0% | From ~$850 | Yes - fund-centric, higher costs |
| Bahamas | 0% | From $350 | Yes - banking heritage |
| Anguilla | 0% | From ~$250 | Yes - fastest e-registry |
| Belize | 0% offshore | From $350 | Yes - budget option |
BVIRemote ✓
Corporate tax0%. None at all
Annual feefrom $450
Cayman IslandsFund-centric
Corporate tax0%
Annual feefrom ~$850
BahamasBanking hub
Corporate tax0%
Annual feefrom $350
AnguillaFastest
Corporate tax0%
Annual feefrom ~$250
BelizeBudget
Corporate tax0% offshore
Annual feefrom $350
Requirements
What BVI law actually demands.
01
Shareholders - One or more shareholders, individuals or companies of any nationality; no residence conditions and no public register.
02
Director - A minimum of one director, appointed within six months of incorporation; corporate directors are permitted. Directors' names are searchable at the registry. Without addresses or other details.
03
Share capital - No minimum and no paid-in requirement; the standard 50,000 authorised shares keep the government fee at its lowest band.
04
Registered agent & office - A licensed registered agent and a registered office in the BVI are mandatory. We provide both as part of the package.
05
Name - A distinguishable name ending in Ltd, Corp, Inc or an equivalent suffix; sensitive words such as bank, fund, insurance or trust need a licence.
06
Records & annual return - Registers and accounting records are kept with the agent, plus a simple unaudited annual financial return. Filed privately, never published.
How it works
From application to a live company in days.
The licensed agent files on the electronic registry once our lawyers clear KYC; most clean files are approved within three business days.Filed by our lawyers through the licensed agent on the e-registry; most clean files are approved in 1-3 business days.
01Same day
Free consultation
We confirm that the BVI fits your case, agree the structure and fix the full cost.
021 day
KYC & documents
Passports, proof of address and a short description of the business; we prepare the incorporation pack.
03Hours
Name reservation
We check and reserve the company name on the registry.
041-3 days
Registry filing
The registered agent files the memorandum and articles and pays the government fee.
053-5 days
Documents & apostille
You receive the certificate, articles and registers, apostilled for use abroad.
061-3 weeks
Banking
We introduce the company to suitable banks or EMIs and support the account opening.
Quick facts
Legal formBC · Business Company
Min. share capitalNo minimum
Government feeFrom $450/year
Standard processing1-3 business days
Shareholder registerPrivate
Annual returnPrivate, unaudited
Financial yearFree choice
On a clean file the registry itself is never the bottleneck; the share-count fee band is the only decision to make.
On the ground
On the ground in the BVI.
Prifinance - BVI
Road Town
Road Town, Tortola, British Virgin Islands
01
Offshore incorporation specialists
Your setup is run by a team that files BVI structures through licensed registered agents every week.
02
Registered agent & office
A licensed agent and registered office in Road Town are included, keeping the company in good standing while you operate remotely.
03
Banking & compliance help
Account introductions, KYC file preparation, annual returns and renewals handled by one team from start to finish.
04
Also in Tallinn, London, Dubai & more
A network of offices across Europe, the Gulf and the Americas. One team for your whole international structure.
We also have offices in
Tallinn
Estonia
Roseni 13
Hong Kong
Hong Kong
5/F, Yau Lee Centre, 45 Hoi Yuen Road, Kwun Tong
Vilnius
Lithuania
Gedimino pr. 2
London
United Kingdom
7 Bell Yard
Prague
Czech Republic
Vlkova 532/8, Žižkov
Berlin
Germany
Rankestraße 26
Madeira
Portugal
Rua da Alegria 31, 1F
Budapest
Hungary
Korányi Sándor u. 4
Istanbul
Türkiye
Perpa Ticaret Merkezi, A Blok
Dubai
UAE
33 Level, Al Saqr Business Tower
Toronto
Canada
1110 Finch Avenue West, suite 406
Singapore
Singapore
3 Church Street, #29-68 Samsung Hub
Bangkok
Thailand
Unit P01, Penthouse, VASU1, 1 Sukhumvit 25 Alley
Foshan
China
A-Tower, Yuneng Digital Plaza, 46 Lishui Avenue South
Almaty
Kazakhstan
Republic Square 13
Bishkek
Kyrgyzstan
32 Razzakov Street
Taxation 2026
Zero tax, dollar native.
The BVI levies no corporate income tax, no capital gains tax, no withholding and no VAT - and because the US dollar is the official currency, there is no exchange-control or conversion layer either. The recurring state cost is the flat annual government fee, scaled only by the number of authorised shares.No tax on profits, gains or dividends; no VAT; USD native. The state cost is a flat annual fee from $450.
Corporate income tax
None. Worldwide profits of a BVI Business Company are outside local taxation, with no tax returns filed.None. Worldwide profits are outside BVI taxation; no returns filed.
No hidden add-ons
No capital gains tax, no withholding on dividends or interest, no stamp duty on share transfers of offshore companies.No capital gains or withholding tax, no stamp duty offshore.
Flat annual fee
From $450 per year at the standard 50,000 authorised shares. Independent of turnover or profit.From $450 at standard 50,000 shares. Independent of profit.
Substance & reporting
Economic-substance rules apply to relevant activities; pure equity holding companies satisfy a reduced test. The annual financial return stays private and unaudited.Reduced test for pure holdings; annual return stays private and unaudited.
Levies in 2026
Corporate income tax0%
Capital gains taxNone
Withholding taxNone
VAT / sales taxNone
Annual government feeFrom $450
Payroll taxLocal employees only
An annual renewal with the government fee and a private financial return keep the company in good standing.
Your team
The specialists who'll handle your case.
Eugeniu Bevziuc
Corporate services advisor
Advises clients on company formation, VAT and ongoing compliance, coordinating each step of the setup across the EU.
Alex Danila
Company formation specialist
Your day-to-day contact - coordinates incorporation, documents and the bank introduction, from the first call through to launch.
Follow Prifinance
Active across our channels.
BVI Company Registration: Costs, Timeline & Requirements
The company format the whole world already accepts - full support for your BVI Business Company, start to finish.
Talk to a specialist →FAQ
The BVI file: standard questions.
Can I open a company without visiting the BVI?+
Yes. Everything from KYC to the registry filing happens remotely, and apostilled originals arrive by courier after incorporation.
How much does it cost to set up a BVI company?+
Turnkey incorporation starts from $2,800 including government fees and the first year of the registered agent and office. With a bank or EMI account arranged, packages start from $4,500. The exact quote is fixed before work begins.
How long does incorporation take?+
Clean applications are approved on the electronic registry within one to three business days; apostilled corporate documents typically follow within a week.
Do I need a local director or shareholder?+
No. One director and one shareholder of any nationality are enough, both can be the same person, and neither has to live in the BVI.
Will the company pay tax in the BVI?+
No corporate income tax, capital gains tax or withholding applies; the recurring state cost is the flat annual fee from $450. Where you live and operate keeps its own claim, which we chart before you commit.
What is public and what stays private?+
Shareholders and beneficial owners are not on any public register - owners are filed privately with the regulator. Directors' names alone became searchable at the registry; no addresses, dates of birth or shareholdings are shown.
Does the company file accounts?+
A short annual financial return - a simple balance sheet and income statement - is filed privately with the registered agent. It is unaudited and never published; no tax return is filed.
Why is the BVI more expensive than other islands?+
The government fee is higher and agents charge a premium - you are paying for the jurisdiction every bank and counterparty accepts without questions. For structures that will face due diligence, that acceptance usually saves more than the fee difference.
BVI or Cayman - which one?+
Cayman dominates open-ended investment funds because institutional investors expect it; for holding companies, JVs, SPVs and trading structures the BVI does the same job at a fraction of the running cost. The audience decides.
What happens after incorporation each year?+
One annual government fee, renewal of the registered agent and office, the private financial return, and economic-substance confirmation where relevant - we run the calendar and file everything for you.
Client notes
Google4.7★★★★★
Founders who wanted it done right.
Google4.7★★★★★
“As a software development crew at FewMoreTaps OÜ, we've had the pleasure of working with Prifinance on some key financial moves.First of all, navigating the world of corporate banking and finance can be a maze, but Prifinance made it feel like a walk in the park. They helped us set up a corporate bank account without the hassle of jumping on a plane or drowning in paperwork. Everything was done remotely, smoothly…”
Google
“I had their assistance in company registration and I would recommend them. They were answering all my clarification during the process and offering all their supportThank you Daniel and Irinia”
Google
“We found PRIFINANCE COMPANYvia the Internet and asked for help in organizing the opening of their company in Estonia. PRIFINANCE COMPANY specialists helped us a lot with this. Their professional, competent approach and knowledge of their business left us with only the best impressions.”
Google
“I'm thrilled with my experience with PriFinance! They helped me obtain a crypto license in Estonia without any hassle. The team was super understanding and always available to answer my questions and assist. It was great to see how they put effort into preparing the documents to ensure everything went smoothly. I'm delighted with the outcome and highly recommend PriFinance to anyone looking to get a license…”
Google
“Opening an account with Prifinance in a Swiss bank was such an easy and quick process that I was shocked. It all started with the first call, where I received detailed guidance on the required documents and the entire procedure.One of the key highlights was their attention to detail. As someone who usually gets tangled up in paperwork, I was pleasantly surprised when they sent me all the documents and…”
Google
“I recently had the pleasure of working with Boris.. and I must say, it was a fantastic experience. Boris went above and beyond to assist me with my residency needs. His professionalism, knowledge, and dedication truly stood out. I highly recommend working with Boris and the team!”
Google
More from Prifinance
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Free consultation
Start your BVI company today.
Tell us what you're building. Within one business day a specialist sends a recommended structure, a timeline and a fixed quote.A BVI specialist replies within one business day with a recommended structure, a timeline and a fixed quote.
✓No obligation; the first consultation is free✓A clear recommendation, not a sales pitch✓Transparent fixed fees, confirmed up front✓EN · RU speaking team