BVI Company?

[cakali]

Hello!
I am an EU citizen, I want to open a company in BVI, which company do you recommend? I want a serious company that can quickly provide documents when needed!
Thank you!

 

[Sols]

Depends on what you want or need from your service provider.

With Vistra, you usually get a dedicated account manager that can be reached during office hours. If your account manager is away, they assign you a backup. Company docs are quick to get. Delays are usually due to the government and almost never due to internal delays. They're a little pricey and can be overkill if your needs are very simple.

 

[Mike Forman]

Hello!
I am an EU citizen, I want to open a company in BVI, which company do you recommend? I want a serious company that can quickly provide documents when needed!
Thank you!

Most HK incorporatiom agents provide BVI incorporations as BVI is still often used by Asian. You can just Google and compare.

We have good experiences with Atrixbiz.

Incorporation is simple and fast, but what will you do with this entity without a bank account?

 

[wellington]

I have a redundant never used corporation, you can have it if you like.

Renewal and transfer free - managed from Dubai (BVI corp since 2020).

 

[oldtimer2]

More reporting obligations for BVI companies start this year.

 

[cuno]

The one and only I used and would use in the future
https://offshorebvi.com/

 

[cakali]

More reporting obligations for BVI companies start this year.

Can you give me more details? Thanks.

 

[cakali]

Most HK incorporatiom agents provide BVI incorporations as BVI is still often used by Asian. You can just Google and compare.

We have good experiences with Atrixbiz.

Incorporation is simple and fast, but what will you do with this entity without a bank account?

There will be no need for a bank account. I will open an account on a cryptocurrency exchange. I will then transfer to a personal account on the same exchange and then withdraw to a personal bank account. I hope there are no problems.

The one and only I used and would use in the future
https://offshorebvi.com/

Is there a delay in the documents? For example, if you ask for some document, how long can they provide it?

 

[Forte]

Incorporation is simple and fast, but what will you do with this entity without a bank account?

Agree.

I am trying to open a bank account now, no luck at the moment

 

[cakali]

Agree.

I am trying to open a bank account now, no luck at the moment

Did you try in wise?

 

[Konstanz]

Agree.

I am trying to open a bank account now, no luck at the moment

try Pacific Private Bank

 

[Forte]

Did you try in wise?

Unfortunatelly, can't at the moment

try Pacific Private Bank

Thanks!
Are they still support transfers in USD?
https://pacificprivatebank.com/wp-content/uploads/2020/07/PPB-Fees-and-Charges-20200511.pdfIs this pricing actual for business accounts also?

Correspondent banking charges may apply. Indicative correspondent bank fees for incoming transfer depending on the correspondent for SEPA start from 0.4% of the transfer + €15.

For SWIFT, the fees start from €250. Failure to include valid reference message or other causes for manual investigation may result in additional fees applicable by correspondent banks. 4. Correspondent banking charges may apply. Indicative correspondent bank fees for transfer are 0.15% (min €300) Indicative correspondent bank fees for SEPA EUR transfer are €50, but are subject to be changed.

 

[pfser]

On 14 February 2023, the EU Council’s Code of Conduct Group formally decided to add the British Virgin Islands to the EU list of non-cooperative jurisdictions for tax purposes (also referred to as the EU tax haven blacklist), consider this.

 

[cakali]

On 14 February 2023, the EU Council’s Code of Conduct Group formally decided to add the British Virgin Islands to the EU list of non-cooperative jurisdictions for tax purposes (also referred to as the EU tax haven blacklist), consider this.

Thank you!
Do you have any information on which countries are not on the blacklist yet?

 

[pfser]

Thank you!
Do you have any information on which countries are not on the blacklist yet?

I'd mention those that are on the list

• American Samoa
• Anguilla
• Bahamas
• British Virgin Islands
• Costa Rica
• Fiji
• Guam
• Marshall Islands
• Palau
• Panama
• Russia
• Samoa
• Trinidad and Tobago
• Turks and Caicos Islands
• US Virgin Islands
• Vanuatu