No Foreign Exchange Control.
No Taxes on the Offshore Company Profits.
No Capital Gains Tax.
No Estate Tax.
One to Two Business Days.
Minimum of one Director and Shareholder.
The same person can act as Director and Shareholder.
No requirement to file annual returns.
Local Director Not required.
Local Secretary Not required.
Shares can be issued with or without par value.
Standard number of authorized shares is 50,000.
Standard Currency is US$.
No requirement to visit the BVI.
Meeting can be held anywhere.
Corporate details not publicly available.
Cannot carry on any business activity that requires licensing by the government.
Company names must end with Ltd., Corp., Inc., S.A.
The official language is English.