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.

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This is the probably the answer to your question.

 

[Mike Forman]

cakali said:
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!
Click to expand...

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]

oldtimer2 said:
More reporting obligations for BVI companies start this year.
Click to expand...

Can you give me more details? Thanks.

 

[cakali]

Mike Forman said:
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?
Click to expand...

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.

cuno said:
The one and only I used and would use in the future
https://offshorebvi.com/
Click to expand...

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

 

[Forte]

Mike Forman said:
Incorporation is simple and fast, but what will you do with this entity without a bank account?
Click to expand...

Agree.

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

 

[cakali]

Forte said:
Agree.

I am trying to open a bank account now, no luck at the moment 🙁
Click to expand...

Did you try in wise?

 

[Konstanz]

Forte said:
Agree.

I am trying to open a bank account now, no luck at the moment 🙁
Click to expand...

try Pacific Private Bank

 

[Forte]

cakali said:
Did you try in wise?
Click to expand...

Unfortunatelly, can't at the moment

Konstanz said:
try Pacific Private Bank
Click to expand...

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.
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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.
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Last edited: Feb 14, 2023

 

[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]

pfser said:
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.
Click to expand...

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

 

[pfser]

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