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Registering a BVI (British Virgin Islands) company

Registering a BVI (British Virgin Islands) company is a popular choice for setting up an offshore company. BVI is the abbreviation for British Virgin Islands, which is the world's fastest-growing offshore investment center. In Hong Kong, many listed companies use BVI companies as their holding companies, and one of the benefits of setting up a BVI company is its high level of privacy, as the information of directors and shareholders is not available for public inspection.

Price for registering a BVI company

British Virgin Islands company registration fees (first-year cost)

Description of Services Newly incorporatedBank account opening packageFull Package
Company registration (up to 50,000 shares)
Registered address for company registration
Company seal (including the round chop, signature chop & common seal)
Certificate of company incorporation (electronic version
Company constitution (5 copies)
Company constitution (Certified Copies 2 copies)
Share certificate (current shareholders)
Share certificate (for reserve, 10 pieces)
Register of current directors (1 set)
Register of directors (for reserve, 5 copies)
BVI company registration government fees
Original copy of certificate of company incorporation 
Director's employment certificate (valid for 6 months) 
Registered address service for Hong Kong company registration  
Including: first-year government fees + registered address + annual filing fees
Initial registration feesHKD 17,880HKD 20,880HKD 22,880

Required information for registering a BVI Company

1. Certified copies of the valid passport of all directors and shareholders.

2. Proof of address for all directors and shareholders (i.e. bank statements, utility bills, etc. dated within the last three months).

3. Selfie photographs of all directors and shareholders holding their valid passports (passport details must be clearly visible).

4. Suggested company name (in English or English + Chinese).

5. Nature of business.

6. Source of funds.

Proposed number/value of shares to be issued (usually 50,000 ordinary shares with no par value of USD 1 each).

8. Completed BVI company application form.

* Fully online application.

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We are willing to assist you with any questions you have regarding the registration of a BVI company.

Hotline: +852 3580 7031 / WhatsApp: +852 5380 2348

Other related fees for British Virgin Islands company (second year onwards)

Description of Services Price (HKD)Remarks
Addition of a Chinese company name2000One-time
More than 50,000 shares of capital10000
Application for Hong Kong Business Registration Certificate for BVI company7040
BVI business bank account opening (virtual bank / US bank) *Note 1,25000
BVI business bank account opening (Hong Kong bank) - secondary bank (additional wealth management products)
Note 1, 3
10000
BVI business bank account opening (Hong Kong bank) - primary bank (additional wealth management products)
Note 1, 3
20000
Original copy of certificate of company incorporation 1500
Director's employment certificate (valid for 6 months)3200
Certificate of Good Standing (valid for 6 months)5200
Registered address service for Hong Kong company registration 2500Annual fee
Maintenance fee - 50k shares or below *Note 414400
Maintenance fee - over 50k shares *Note 424000

 

*Note 1: Does not include any bank account opening fees.

*Note 2: Fully online processing

*Note 3: Hong Kong banks may require BVI companies to hold a Hong Kong Business Registration (BR) and arrange for all authorized signatories and most directors (in some cases, even all directors and shareholders) to attend a bank interview in person. Our bank account opening service is limited to providing assistance, including preparing some of the required account opening documents, conducting a preliminary review of the account opening materials provided by the client, scheduling the bank interview on your behalf, and forwarding bank correspondence and tokens.

*Note 4: Includes 1. BVI government/license fee, 2. registered office fee, and 3. agent economic substance fee.

We are willing to assist you with any questions you have regarding the registration of a BVI company.

Hotline: +852 3580 7031 / WhatsApp: +852 5380 2348
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