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Register Tax Haven Company

British Virgin Island (BVI) incorporation are attractive to many entrepreneurs, but many still misunderstand the taxes involved. Dormant companies may be exempt from tax, while active companies pay taxes within their jurisdiction. This is where we can help. Paul Hype Page & Co. to register a company in British Virgin Island. In general, our clients would register a company in British Virgin Island for estate planning, fund management, or holding property assets.

 

A BVI may not be exempt from tax if:

1) Profit income is gained through active operations

2) Tax jurisdiction require income sources to be reported

3) Tax regulations require income sources to be reported

 

The use of a BVI as a tax haven, or legal method to pay little or minimal tax, has concerned global governments to the extent that they have jointly enacted the Base Erosion and Profit Shifting (BEPS) Initiative. For more information, please click here.

 

Summary Steps

  1. Complete Application Form (Attached)
  2. Wait 24 hours for BVI approval
  3. A soft copy of relevant certificates (Certification of Incumbency, M&A) will be emailed to you within one working day
  4. A hard copy of relevant certificates (Certification of Incumbency, M&A, common seal) will be provided within a week

Our Fees

SGD 3,800 (Incorporation Fees, inclusive of Government Fees, Registered Agent, Registered Office)

 

Fees Inclusive of:
  • Company Name Search in BVI Registry
  • Document Preparation
  • Registrar of Shareholder, Director and Members
  • 5 sets of Memorandum & Article of Association (M&AA)
  • Share Certificates Book of 10 Certificates
  • One Common Seal
  • One Authorised Signature Chop
  • Certificate of Incorporation
  • Company Kit Box

Required documents

Below are the required documents for incorporating a BVI company:
  • Copy of Passport, IC (your current holding pass in Singapore)
  • Copy of bills (phone or electrical bills) as proof of address
Other information needed:
  • Proposed company name (at least 2-3)
  • Purpose of company
  • Share capital amount
  • Registered address
  • Details of directors, shareholders, owners, and other connected persons or legal entities

Based on client business description, PHP believes that client will benefit from a BVI. Our team has an ex PWC tax lawyer who can assist you in choosing a suitable jurisdiction, such as Singapore or Hong Kong.

 

If you would like to book a consultation session with us, please click here to schedule an appointment.

2 comments
Keo says:

Hi, may I request a quotation for setting up a BVI company?

Thank you.

Paul Hype Page says:

Dear Keo,

My colleague will drop you an email shortly with more details.

Thank you
Paul

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