BVI company requires lots of shitty documents to incorporate!

[openmind]

Hi Guys,


I was in the research phase to incorporate a BVI company and came across a few sites that are offering very cheap BVI company formation and opening of offshore accounts for the same! When I applied and made the payment they told me the real requirements which they didn't informed me about beforehand!!!!


Here we go:

• The requested documents are standard due diligence requirements for BVI counterparts. BVI KYC requirements are more detailed compared to Belize. Therefore, we require:
  
• Source of Wealth/Funds ”“ This may be in the form of a CV (proof of employment) or Bank statement.
  
• Bank reference and Professional reference issued by attorney/accountant ”“ This should indicate the contact number & email address of the bank/accountant/attorney.

It seems someone tries to misuse my identity or something! I asked if this is still required without bank account and they answered yes! What is going on in the BVI and why all these documents???

 

[JohnLocke]

Well it's possible to avoid these documents with some agent's, at least we have had no troubles to get BVI corps. without these docs!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[openmind]

Well it's possible to avoid these documents with some agent's' date=' at least we have had no troubles to get BVI corps. without these docs![/quote']
What documents do you need to incorporate a BVI company for me?
Click to expand...

 

[lavel]

There is nothing unusually with the required documents, however, personally speaking I find it overkill, again BVI is belonging to the UK so they need to deal with certain international regulations.

 

[porkmorck]

If I provide these documents would you consider it to be a safe harbor outside of Europe if banking takes place say in Cyprus or Mauritius as suggest often on this forum?

 

[porkmorck]

Even I send everything by scan / e-mail they require me to send color photo copy of passport and everything by courier? WTF it is not a bank account I want to open just setup a BVI company?? Is anything else suffering on the ridiculous policy?

 

[cosmo]

All over the world the increasing requirements to DD documents make it complicated to navigate in this areas. The soon er you go offshore the better for & your privacy! One thing is sure things going gets tough from now on!

 

[JohnLocke]

All over the world the increasing requirements to DD documents make it complicated to navigate in this areas. The soon er you go offshore the better for & your privacy! One thing is sure things going gets tough from now on!
Click to expand...

True, the requirements to the documents that have to be provided are increasing almost every months it get's harder to stay anonymous or at least to protect your privacy.

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[lavel]

I must say after I yesterday tried to finally get my BVI incorporated and they asked me to courier all the documents to them in the BVI I stoped the process, it's too much.

 

[myhand]

I must say after I yesterday tried to finally get my BVI incorporated and they asked me to courier all the documents to them in the BVI I stoped the process' date=' it's too much.[/quote']
stupid question, sorry but what documents they asked you to send by original?
Click to expand...

Toggle signature
I do services that no one does at OffshoreCorpTalk - Get in touch with me e-mail - Do you have a problem, get in touch. Be clear to what you want, sneaky questions are ignored!
UK LTD with Nominee Shareholder & Nominee Director, passport and utility bill available, 2 days delivery - learn more!

 

[JohnLocke]

I must say after I yesterday tried to finally get my BVI incorporated and they asked me to courier all the documents to them in the BVI I stoped the process' date=' it's too much.[/quote']
Why did you stop the process, if you already have send you everything requested you could just proceed or not?
Click to expand...

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[JohnLocke]

stupid question, sorry but what documents they asked you to send by original?
Click to expand...

They require you to send the original copy of passport and utility bill by courier to the BVI, that will leave a track to you for some they may don't care while for others it's not the best that can happen!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[myhand]

They require you to send the original copy of passport and utility bill by courier to the BVI, that will leave a track to you for some they may don't care while for others it's not the best that can happen!
Click to expand...

Why they require copy it would be better to get he original notarized docs to be send after all! I don't want to open a company there not very satified with these requirements.

Toggle signature
I do services that no one does at OffshoreCorpTalk - Get in touch with me e-mail - Do you have a problem, get in touch. Be clear to what you want, sneaky questions are ignored!
UK LTD with Nominee Shareholder & Nominee Director, passport and utility bill available, 2 days delivery - learn more!

 

[myhand]

Why did you stop the process, if you already have send you everything requested you could just proceed or not?
Click to expand...

You got a refund for the cancelation or you just don't care?

Toggle signature
I do services that no one does at OffshoreCorpTalk - Get in touch with me e-mail - Do you have a problem, get in touch. Be clear to what you want, sneaky questions are ignored!
UK LTD with Nominee Shareholder & Nominee Director, passport and utility bill available, 2 days delivery - learn more!

 

[JohnLocke]

Why they require copy it would be better to get he original notarized docs to be send after all! I don't want to open a company there not very satified with these requirements.
Click to expand...

It must be something to verify the address of the beneficial owner or something. I mean someone could send the docs from a different address or from a P.O. Box or let some Office service send it!!

Toggle signature

>> Unlock the Power of OffshoreCorpTalk: Become a Member of the Mentor Group Gold <<​

Latest Video Interviews, Offshore Company Resources, Payment Processing Tips & Tricks, Articles and Anonymity Hints only a click away!
Support the Freedom of Speech of our Community

Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[seat-my-business]

Lots and lots of requirements for nothing, why do you want a BVI company for your business when you can't hide your identity at all!

 

[myhand]

learned that BVI is a no go for easy company formation, there are so many other offshore jurisdiction where you can incorporate that it's not worth going through all this to get a bvi corp.

Toggle signature
I do services that no one does at OffshoreCorpTalk - Get in touch with me e-mail - Do you have a problem, get in touch. Be clear to what you want, sneaky questions are ignored!
UK LTD with Nominee Shareholder & Nominee Director, passport and utility bill available, 2 days delivery - learn more!

 

[porkmorck]

All over the world the increasing requirements to DD documents make it complicated to navigate in this areas. The soon er you go offshore the better for & your privacy! One thing is sure things going gets tough from now on!
Click to expand...

I agree with you on that part and took my steps 🙂

 

[porkmorck]

learned that BVI is a no go for easy company formation' date=' there are so many other offshore jurisdiction where you can incorporate that it's not worth going through all this to get a bvi corp.[/quote']
Agree, you have to send your original docs by courier to the BVI, that's a one off no go!!
Click to expand...

 

[lavel]

OP where did you get your company finally?