Tuesday 31 May 2011

BVI company Formation


Some people misinterpret the term offshore as “tax heaven” . But its not true. Offshore generally means “far from shore”. In terms of company formation,it means formation of company away from home jurisdiction. A person may want his company formation in another jurisdiction to take benefits from their jurisdiction. A well structured offshore company formation plan is simple and provides financial privacy for business.

Act-offshore is an offshore incorporation services firm located in British Virgin Islands. we provide clients with services that maximize business profits and revenues with full financial protection. For an offshore company formation, client has to get registered with BVI company. BVI (British Virgin Islands ) is an oldest internationally recognized offshore center. BVI has an independent and healthy leagl system while maintaining common laws of British territory. Many other offshore jurisdictions based themselves on the BVI laws before developing their own corporate laws.

Company formation steps:

  • Registration: client can register by either filling online registration form or download it and fax it. For shell companies, you use same form.
  • Verification: On receiving your order form, we will contact with client and confirm all information provided by client. Provide accurate contact detail, Otherwise, company formation process to be hanged.
  • Documentation: As required by law, we will ask client for some documents like passport or identity card, proof of address etc. Client's information is kept confidential. it is not disclosed in public.
  • Payment receipt: client needs to send payment receipt along with documents.
  • Document set: we will prepare set of your corporate documents which includes the standard logical sequence of documentation: original Certificate of Incorporation, Memorandum of Association, Articles of Association, appointment of Directors and the allocation of shares, share certificates, copies of the Registrar of Directors and the Registrar of Shareholders. Your documents are signed by agents on your behalf.

BVI company is the International Business Company (IBC). IBC’s are very popular and well known for their flexibility and tax free services.



Services /features of BVI company :
  • It provide services for business,E-commerce,Consultants,International business,holding movable or non-movable properties,Stockbroker.
  • BVI is regulated under the Business Companies Act 2004.
  • BVI offers high level of Confidentiality. No officer name is disclosed to the registrar during company registration.
  • No annual auditing and accounting is needed.
  • Their standard currency is USD(US$).
  • BVI has a fast and efficient Registration process .it take only 1-2 days to finalize registration.
  • Efficient communication medium
  • no secretary is required for BVI companies.
  • BVI requires Minimum of 1 Director and Shareholder.
  • Minimum documentation requirement. A certified copy of your passport (or identity card), and proof of domicile dated less than 3 months are required only.
  • To make a document legally acceptable abroad, second-level certification of public documents is done. This is called Apostille legalisation.
We have many offices and branches in many countries. So,we provide services directly without any intermediary. Using our extensive network of professional contacts, we are able to provide qualitative and competitively-priced offshore company formation solutions.

Act-Offshore provides offshore Company Formation, asset protection trusts BVI Company, International Business Company, offshore companies and structures; company management and secretarial services; international trusts and foundation management; offshore banking accounts and technical support services for the international investor.