Offshore Common Law
Crypto founders pre listing token issuers, British Virgin Islands
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
Start setup {placement} 4 min · no card required
Corp tax
0%
Fastest setup
7 days
Region
Offshore
What you'll need
- No resident director required
- Local registered office required
- Economic-substance test applies
- Minimum capital: No minimum capital
- Administrative language: English
- Legal system: Common law
Tax and treaty profile
- Corporate tax 0%
- VAT rate 0%
- Withholding on dividends 0%
Banking and payments
- Banking is restrictive without local presence
- Stripe not supported
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