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Offshore Common Law

Start your company in the British Virgin Islands

Formation, registered office and bookkeeping — ready to operate from day one.

I'm in 4 min · no card required
Live in 12-14 days
  1. 1
    Name & KYC Day 1-2
    • Reserve company name with BVI FSC
    • Collect UBO documents for BOSS register
    • Confirm Business Companies Act structure
  2. 2
    Registry Filing Day 3-5
    • File memorandum and articles via registered agent
    • Pay FSC incorporation and licence fees
    • Receive Certificate of Incorporation
  3. 3
    Banking & Substance Day 6-10
    • Submit economic substance classification
    • Open offshore or correspondent bank account
    • Activate registered office and agent
Starts from
$5,200 first year, all-in
≈ €4,419
What's included
  • Company formation $2,400
  • Registered agent $1,000 /year
  • Bookkeeping $150 /month
    See pricing tiers by revenue
    • Dormant / ≤ $50K $150 /month
    • $50–250K $250 /month
    • $250–500K $420 /month
    • $500K–$1M $840 /month
Still comparing? See alternatives →

Why the British Virgin Islands?

Founders maintaining a legacy SPV (special purpose vehicle)

BVI Business Companies Act offers fast, flexible structures for grandfathered holding vehicles. The Economic Substance Act 2018 still permits passive holding regimes with limited substance for pure equity SPVs.

BVI Business Companies ActFSCPure equity holding

Joint venture partners needing neutral law

Common law shareholder agreements, no public registry of beneficial owners visible to the general public, and 24-48 hour incorporation make BVI a default for cross border JV SPVs between non EU/non US parties.

Common lawConfidential register24-48h incorporation

Crypto founders pre listing token issuers

BVI has no crypto specific regulator and a permissive stance on token issuance vehicles, often used as foundation style issuers for L1/L2 launches alongside a Cayman foundation.

No crypto regulatorToken issuer SPVFoundation pairing

Considerations

If banking and Stripe matter more than tax

BVI is on the EU AML high risk list and FATF grey list, so banks open accounts in 180 days if at all. Stripe and Mercury do not support BVI entities. For an operating company, look elsewhere:

EU AML high riskFATF grey listNo Stripe/Mercury
→ Delaware (USA) Stripe ready, US VC standard→ United Kingdom credible banking, Stripe day one→ Hong Kong operating company default in Asia

If you need fund grade investor acceptance

BVI funds work but Cayman is the institutional default. EU and US investors will scrutinise BVI more heavily post grey listing:

Post greylisting scrutinyLP perception risk
→ Cayman Islands CIMA regulated, LP default jurisdiction→ Luxembourg EU SCSp, AIFMD passport→ Jersey JFSC reputation, EU access
Available services

Everything you need to run a company in the British Virgin Islands

Filing, compliance, accounting, handled by certified local partners

Ready to incorporate

Start your company in the British Virgin Islands

From formation to compliance, we handle every filing in the British Virgin Islands.

Start setup in the British Virgin Islands Talk to a specialist