Basic Introduction Chinese Name: mbth, BRITISH VIRGIN ISLANDS-B.V.I Alias: British Virgin Islands Administrative Region Category: British Colonial Territory: Areas under the jurisdiction of Atlantic Ocean and Caribbean Sea: Totora Island, Viking Gotha Island, Anegada Island and Jost Fandake Island, etc. * * Resident: Rhodes Town Location: located at the northern end of leeward islands, 65 away from the east coast of Puerto Rico. 438+000 km Area: 65,438+053 km2 (about 59 square miles) Population: 22,000 (2007) Climatic conditions: Subtropical climate lingua franca: English belief: mainly Christian races: black introduction, offshore company, preparation for establishment, development introduction, welfare, conditions, information, processes and files. The British Virgin Islands, the neighboring US Virgin Islands and the Spanish Virgin Islands are collectively referred to as the Virgin Islands. The British Virgin Islands consists of more than 60 islands and coral reefs, including more than 50 islands and coral reefs. In addition, there are four major islands: tortora, Virgin Golda, Anega da and Jost Van Dyke, of which about 15 islands are uninhabited. Area 153 km2, population 22,000, mainly black. Most residents believe in Christianity. Agriculture and tourism are the main economic sectors. Coastal fisheries are abundant. The population of Rhodes Town, the capital, is about 4,000. British Virgin Islands The British Virgin Islands belong to and are protected by Britain. They are one of the British Commonwealth countries. The British Virgin Islands declared its autonomy in 1967, and democratically elected a Legislative Yuan composed of 1 1, from which an Executive Yuan including a Governor and four secretaries was elected. The law on the island follows the English common law, and the highest protest court is the Privy Council in London. The two pillar industries in the British Virgin Islands are tourism and offshore company registration. The existence of many major banks in the world and advanced communication and transportation facilities make the British Virgin Islands an ideal offshore financial center. There are 250,000 overseas offshore companies registered in the British Virgin Islands, which makes the British Virgin Islands one of the fastest-growing offshore investment centers in the world. It is legal to use US dollars in the British Virgin Islands, and English is the official language. Offshore company BVI is a kind of offshore company, and BVI is the abbreviation of English name of British Virgin Islands. Since the promulgation of 1984 International Business Company Law, the British Virgin Islands began to establish offshore financial centers, and now it has become one of the most famous offshore jurisdictions in the world, with 290,000 companies registered here. Therefore, BVI has become the most important part of offshore companies. To set up an offshore company, the following preparations should be made: 1. Decide on the name of the company to be established and the amount of shares; 2. Determine the candidates for shareholders and directors: 3. Decide on the number of shares held by shareholders; 4. Sign the contract for the establishment of BVI company; 5. Prepaid related company establishment expenses, etc. Introduce some countries and regions in the world, such as British Virgin Islands (BVI), Cayman Islands, Bahamas, Bermuda and so on. (mostly island countries) try to find out and cultivate some particularly relaxed economic zones through legal means, allowing international people to set up international business companies in their territory. These areas are often referred to as offshore jurisdictions or offshore jurisdictions. The so-called offshore company refers to a limited liability company or an international commercial company established in an offshore jurisdiction. The meaning of "offshore" means that the investor's company is registered in an offshore jurisdiction, but the investor does not have to go to the local area in person, and its business operation can be directly carried out anywhere in the world. For example, a trading company is registered in the Bahamas, but its trading business can be conducted between Europe and America. Many famous offshore jurisdictions are former British colonies, such as Cayman Islands, Anguilla and British Virgin Islands. Therefore, these areas have largely retained the British legal system and judicial system. Compared with general limited companies, offshore companies are mainly different in taxation. Unlike the usual practice of taxation based on turnover or profits, offshore jurisdictions only charge annual management fees to offshore companies, and no other taxes are levied. In addition to tax incentives, almost all offshore jurisdictions expressly stipulate the company's shareholder information, shareholding ratio, income status and so on. Enjoy the right to confidentiality. If shareholders don't want to, they can not disclose it to the public. Another advantage is that almost all major international banks recognize such companies, such as Chase Bank in the United States, HSBC Bank in Hong Kong, Development Bank in Singapore and Credit Suisse Oriental in France. "Offshore" companies can open accounts in banks, which is very convenient in financial operation. Generally, such "offshore" regions and countries have good trade relations with developed countries in the world. Therefore, offshore companies are often used as financial instruments by many large multinational companies and individuals with high assets. Many companies wishing to list overseas achieve their goals by establishing overseas offshore companies. Welfare 1. The island is a place with very stable political, economic and trade environment and good financial and legal facilities. 2. You don't have to pay any local taxes, and you don't need audit reports, as long as you keep the information that reflects the economic situation; 3. Convenient business operation, reasonable tax system, exemption from all local taxes and stamp duty abroad, and no foreign exchange control; 4. The registered capital does not need to be in place, and bank accounts can be opened all over the world; 5. No company secretary is needed; 6.*** Protect the interests of shareholders without disclosing the identity of beneficiaries, provide privacy protection for enterprises, and keep the information of directors absolutely confidential; 7. There is no need to submit any returns or financial statements to the local authorities. Conditional company composition: Only one applicant can establish a British Virgin Islands company, and the company name must end with "limited company", such as limited company, company, joint stock limited company or its abbreviation, such as limited company, company or S.A. company name cannot end with "trust company" or "bank" or other words with similar meanings, unless these companies have obtained corresponding licenses in the British Virgin Islands. Registered capital: The standard capital is USD 50,000, which is divided into 50,000 shares, each of which is USD 65,438 +0 yuan. Company directors: one or more directors, who may be legal entities or natural persons of any nationality. Secretary of the Board of Directors: Although the appointment of a secretary is not mandatory, BVI *** recommends it. Board meetings: Directors may hold meetings in any country or attend such meetings through agents. Company equity: directors and senior managers of the company shall not be shareholders of the company. Shareholders only need one shareholder over the age of 18, and the personal information of shareholders does not need to be made public. However, the register of shareholders must be kept in the registered office of the company in the British Virgin Islands. A company may issue registered shares or bearer shares. Registered address: The registered address must be in the British Virgin Islands, and GF-CC is a first-class agency designated by BVI * * * * which can be provided. Company Seal: The British Virgin Islands company must have its own company seal, and the style of the company seal must be reported to the company for registration. Corporate tax: exempt from any business activities inside and outside the British Virgin Islands. Information 1. Company name, 1~3 names are all selected in advance. Only one applicant can establish a British Virgin Islands company, and the company name must end with "limited company", such as limited company, company, joint stock limited company, or its abbreviation, such as limited company, company or S.A. company name cannot end with "trust company", "bank" or other words with similar meanings, unless these companies have obtained corresponding licenses in the British Virgin Islands. 2. The standard registered capital of 2.BVI Company is US$ 50,000, which is divided into 50,000 shares, and each share is US$ 65,438 +0 yuan, without capital verification; 3. Copy of ID card or passport; 4. Proof of address (such as ID card address, utility bill, telephone bill, etc.). ); (1) All shareholders must provide passports, and if they don't have passports, they can provide copies of domestic ID cards; All shareholders must provide proof of address, such as bank statement, water bill, electricity bill or telephone bill. (3) If a passport has been provided, a copy of the domestic ID card can be provided as proof of address. Process 1. Company name search (submit the most satisfactory name); 2. Submit "power of attorney" (submit power of attorney and signed agreement); 3. Sign the agreement (on mutually agreed terms); 4. Pay the advance payment, 75% of the fee in advance, and receive the * * * registration stamp duty in full; 5. Sign a full set of registered company documents and articles of association, or send them to your designated place by express delivery; 6.*** Approval process (10 working days to complete the approval procedures and issue certificates) 7. Make a green box (there are articles of association, stock book, notebook, seal, legal documents audited by accountants, etc.). ) Submit the company registration certificate, the registered director of the company appoints the first director and agrees to serve as the director/shareholder/share application, register of directors, register of shareholders, register of members, register of secretaries, register of charges, 5 copies of M & amp； Company A's stock book and share transfer stock certificate/transfer register are signed and sealed 1 steel seal 1 quality guarantee BVI company filing form 1 director's on-the-job (or agent) certificate (required for bank account opening) incentive certificate. Certified copy of company accounting (required for bank account opening) Certified Public Accountant certificate folder (storing all the above documents and articles) 1 management. After registering the company's subsequent licenses, the time is divided into two stages every year, as follows: First, companies registered in May each year, such as 0 1-June, require to exchange licenses before 01May; 2. Every year is 1 1 month, for example, companies registered in July-65438+February should submit their renewal cards before 1 1 month every year. For example: (1) Company A was incorporated on April 0 1 2005, and required to submit its renewal before May 0 1 2006; (2) Company B was incorporated on June 5438+February 0 1 2005, and needs to submit the renewal before June 65438+1October 0/2006. Company name Generally speaking, the company name of the British Virgin Islands must include limited company, company, joint stock limited company, Societe Anonyme or sociedad anonymous or abbreviated as limited company, company or S.A. Generally, the company name cannot contain the words "bank" and "insurance", otherwise it will remind people that the BVI company to be registered has any connection with the local * * *. Companies established in the British Virgin Islands usually use English and French names. With more and more China people pouring into the island to register companies, the island has been allowed to register Chinese names. In addition, not every BVI offshore company is allowed to use Chinese names. Names required to register BVI offshore companies: Company names must end with "Limited Company", unless these companies have obtained corresponding licenses in the British Virgin Islands. British Virgin Islands (B.V.I) is one of the fastest growing offshore investment centers in the world. In order to let more investors at home and abroad know about the basic situation and investment policies of the British Virgin Islands, this paper summarizes the human geography, political system, economic and social development, registration of overseas offshore companies and entry procedures of the British Virgin Islands. The following materials shall be provided for the change of bvi company: (1) an application for company change registration signed by the legal representative of the company; (2) The certificate of the designated representative or jointly entrusted agent signed by the company (with the official seal of the company) and a copy of the ID card of the designated representative or entrusted agent; The specific entrustment matters, the permission authority of the client and the entrustment period shall be indicated. (three) the new corporate shareholders shall submit a copy of the legal person qualification certificate, and the new natural person shareholder shall submit a copy of the identity card. (4) According to the articles of association of the company, submit the resolution of the shareholders' meeting or the board of directors on changing the registered items (one-person limited liability company shall submit the written decision of shareholders), and the limited liability company shall be signed by shareholders representing more than two-thirds of the voting rights (if the shareholders are natural persons, they shall sign by themselves, and the shareholders other than natural persons shall affix their official seals); (5) Submitting documents or certificates corresponding to the changes decided by the shareholders' meeting and the board of directors; (6) The original and duplicate of the business license. (seven) other documents and certificates required by the registration authority.