Proof of address for operating address in BVI. How to receive it?

[Lana2021]

Hello everyone,
We have recently incorporated a BVI entity. Now during the registration at the‌ crypto exchange, we should provide Proof of address for our operating address:
- it shouldn’t‍ be a PO Box
- we should provide Proof of address - this can be⁠ a utility bill (a legit paper from a utility provider with our company’s name and⁤ address) or a rental agreement with monthly bills & payments.

Could you please recommend how⁣ we can act?
Can anyone provide us with such a service?

Thanks in advance.

 

[JohnnyDoe]

They are requesting you to show substance. Either you have it or you buy it‌ from some providers (could also be in the form of darks).

 

[Lana2021]

Thank you. We would like to rent an office or a virtual office. Do⁠ you think that a virtual office will work for us for the exchange registration? Is⁤ there such an experience for BVI companies?

 

[JohnnyDoe]

Usually virtual offices are⁠ not good for this purpose. Your local service provider should be able to assist you.⁤

 

[Marzio]

Just out of curiosity where are you banking with your BVI company?

 

[Lana2021]

Our registered agent suggests now deleting‍ the "PO box" at our registered address. That is why we are checking for other⁠ options, where the address will be real.

Nowhere yet. In a process. Ask⁣ in a few weeks, maybe will have updates.

 

[Martin Everson]

Do you have⁠ personnel in the BVI for the company? Otherwise what is point of showing a bill⁤ and office if no one is employed there. You maybe should have incorporated with a⁣ provider that can provide economic substance out the bag for the BVI like what the⁢ below provider offers.

http://www.mjsandassociates.com/bvi-offshore-services.html

 

[esoteric]

I am able to help with proof of address. Send me a PM

 

[DeutschSamoaner]

Personally, I would get a proof of tax residence in a country that has no‌ CRS connections to BVI. You can check here.

 

[Jerry1911]

How would that help?

OP is probably opening a Binance account for his BVI company, and‍ Binance wants some kind of proof of address.

I've always wondered how much these⁣ services cost. Seems like they're asking for $10k per year or more: "If your BVI⁢ entity falls under the relevant activities, MJS & Associates can provide an annual package consisting︀ of one director, an employee and a small office space as affordable as only $10,000︁ and up annually. "

 

[Lana2021]

I have written you in profile posts. Can you answer me?

 

[TheCryptoAnt]

If its for a crypto exchange just create one, no need⁢ to spend money on it.

 

[Lana2021]

Thank you, but we need accounts at specific exchanges.‍ And looking for a decision that can help us with these registrations.

 

[TheCryptoAnt]

I worked for a‍ crypto exchange once.
I can assure you nobody is checking s**t, fabricated ones are ok.⁠

 

[JohnnyDoe]

The only thing that they could‍ check is a bank reference letter

 

[TheCryptoAnt]

True as they usually have a contact person/office.

But some random rental agreement/utility‌ bill? G we were paid peanuts nobody was checking more than 'is it dated in‍ the last 3 months?' and 'does name match?'

 

[JohnnyDoe]

Impossible. There would also be privacy issues involved. You can’t call an⁠ utility company and ask if person X is their customer living at xxx

 

[Onassis]

OP, have you managed to find a solution?

 

[JackAlabama]

Banks in certain countries⁠ will not allow this and officers usually deny such request due to privacy laws. There⁤ is some cumbersome process involved for whitelisting such a check call, so the customer at⁣ least would have to agree to this kind of double check.

 

[TheCryptoAnt]

Even if it was approved by the customer I can⁤ assure you nobody would have called at that firm.