Formation of B.V.I. Companies
Richmond’s strategic relationships with service providers in the British Virgin Islands (“BVI”) enable us to offer company formation, corporate administration (–> link to “Corporate Administrative Services” page) and management services (–> link to “Management Services” page) to clients that wish to incorporate in the BVI. Foreign-owned BVI companies are incorporated under the International Business Companies Act and such companies (“IBCs”) may conduct business outside of the BVI.
Clients seeking quicker, more economical incorporations may find the BVI IBC useful. It typically takes 3 working days to incorporate an IBC in the BVI and only one Director or Shareholder is required for the company formation process. Also, there is no requirement for appointing local Directors for BVI companies.
Other Benefits: