BVI - The Benefits
Why form a corporation in BVI?
follows:
Maximum security of assets includes the
ability to transfer domicile
The directors may protect the assets of
the IBC for the benefit of the IBC, its creditors and its members by
transferring its assets to another company, trust, foundation, association or
partnership; and merge or consolidate with any other company or foreign
corporation in another accommodating jurisdiction.
International Business Companies are
exempt from all local taxes and stamp duty
Maximum, confidentiality provided by BVI
bearer shares being available by the absence of any requirements to file any
organizational or accountancy information with the Registrar of Companies,
(other than the memorandum of Articles of Association), and by share registers
being available for inspection only by company registered shareholders or by
order of the BVI court.
Ease
of operation, maintenance and control are facilitated by flexible corporate
features. IBC's can re-quire and re-issue their own shares. Shares can be
issued for a consideration other than cash, with or without par value, and be
denominated in any currency. Only one subscriber and thereafter one shareholder
is required. Single directorates are permitted. Shareholders' and directors'
meetings are not confined to the British Virgin Islands. Books of account,
records and minutes can be maintained elsewhere. There is no statutory
requirement to hold annual general meetings. No distinction is made between
public and private IBC's. Incorporations can take place within one or two days.
Computerized access for Registered Agents to remotely reserve preferred names
is now being finalized.
BVI company ideal for
· Businessmen
· Commerce
over the Internet
· Consultants
/ Counselors
· International
business
· Holding intellectual
property rights
· For
the custody of movable and immovable property
· For
inheritance purposes
· Stockbroker
/ forex
Feel free to ask for any assistance to
set up any kind of company.
SUNIL SINGH
Business Consultant | Adam Global
Mobile: +971 50 457 4052
Mobile: +971 50 457 4052
ssunilsingh04@gmail.com
Skype: princeparadise1
Thanks for sharing a useful information about smart business service, this is very important and must be considered before starting any company. Keep sharing.
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