Virgin Islands Restated Articles of Incorporation
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How to fill out Restated Articles Of Incorporation?
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FAQ
BVI Companies fail on the three main cornerstones of your offshore strategy. They fail on asset protection, they fail on tax avoidance for most people and they fail on protecting your privacy. There are much better options available. You should exercise extreme caution if somebody is trying to sell you a BVI company.
Requirements for Incorporation in the U.S. Virgin Islands. Corporations in the U.S. Virgin Islands are formed by three incorporators who are responsible for electing the company's directors. There is a minimum requirement of one director for every shareholder of the corporation if there are three or fewer shareholders.
Doing business in the BVI brings significant tax benefits. The BVI is also a tax neutral territory. There is no income tax, corporate tax, capital gains tax, wealth tax, or similar fiscal laws. Alongside tourism, financial services are one of the BVI's main economic drivers.
Information on companies formed in the British Virgin Islands can be obtained from the BVI Commercial Registry.
BVI companies now have to file a new annual return with their registered agent setting out certain financial information, unless they are exempt.
The BVI Business Companies Act is designed to be extremely flexible so that the memorandum and articles can be tailored to meet the requirements of the company and its members. However, the Act does require the memorandum and articles to provide for certain matters.
A BVI company number name will be in the form ?BVI Company Number 12345? with the selected ending, such as ?Limited? or ?Ltd.?. The BVI company number name can, of course, be changed to another name at any time. However, it is never possible for a company to change its number.
As an unincorporated United States Territory, the U.S. Virgin Islands has all the benefits of being a Caribbean location with key U.S. benefits. This unique territory status enables St. Croix, St. John, St.