Why And How To Register An Offshore Company

Why And How To Register An Offshore Company

Why And How To Register An Offshore Company

April 23, 2024
| By: offshoreCompanyReg

Offshore Company Reg Ltd

Why and How to Register an Offshore Company

 

Key Takeaway:

        Offshore company registration in the British Virgin Islands is a cost-effective and straightforward process, with flexible offshore corporate structures available to international business people. It also offers a 0% tax rate on corporate taxes for offshore entities, with no statutory requirements for company's objectives or legal structure, and no mandatory requirements for filing of audits, taxes, or financial information. Additionally, only one director and one shareholder are required for registering a BVI company, corporate shareholders and stakeholders are permitted, and directors can be of any nationality.
It is important to note: All companies in BVI that conduct certain activities must submit an economic substance or presence in BVI, unless the company is tax resident elsewhere.

        BVI company registration does have some limitations, however. It is not permitted to own property or trade in the BVI, and licensing is required for certain activities such as banking, insurance, trust management, or investment advice services. The economy is also largely dependent on tourism and the financial sector, and tax residency is required for new and existing companies with relevant activities as of 1 January 2020. Locally incorporated BVI entities and foreign entities registered in BVI are also required to employ local staff and lease a physical office as of 1 January 2019.

        The best uses for a BVI company include establishing an offshore entity to book global profits while minimizing tax, establishing a financial services company with transparent laws and regulations, and taking advantage of the easy company setup procedures, transparent tax laws, and good reputation amongst popular offshore jurisdictions. Additionally, there is good infrastructure available for Fund Managers.

 

Benefits of BVI company registration

As an entrepreneur, exploring offshore company registration can be a decision that may benefit your business in many ways. In the British Virgin Islands, the process of registering a company is efficient, cost-effective, and has many advantages that come along with it.

In this section, we will explore the benefits of BVI company registration. We will highlight how it provides a flexible offshore corporate structure to international businesspeople, legally exempts businesses from corporate tax, eases statutory requirements for company objectives and legal structure, and eliminates mandatory filing of audits, taxes, and financial information. Additionally, we will discuss how only one director and shareholder is required for registering a BVI company, making it easier for entrepreneurs to manage.

Also on offer is access to corporate bank accounts globally to support BVI business registration, coupled with only minimal maintenance requirements after the registration of a BVI company. Finally, we’ll highlight the added benefits of BVI company registration, such as being recently added to the OECD white list due to compliance with various OECD guidelines.

Cost-effective and straightforward process

Setting up a company in the British Virgin Islands (BVI) is a cost-effective and straightforward process. BVI offers various offshore corporate structures to international businesspeople, with flexible legal structures. The best part of BVI is that it's tax-free for corporate taxes on offshore entities, meaning no statutory requirements for the company's objectives or legal structure. The requirements are minimal, where only single directors and shareholders are necessary for registration. All shareholders and stakeholders belonging to any nationality also qualify as corporate shareholders.

To go deeper, filing of audits, taxes, or financial information is not mandatory in BVI. Additionally, following the registration of a BVI company, there are minimal maintenance requirements to comply with since recently added to the OECD white list after complying with various OECD guidelines. Lastly, having established a BVI company grants access to corporate bank accounts worldwide that can help foster a global reach.

While beneficial, there remain some limitations as well. For example, starting from January 1st 2019 onwards locally incorporated BVI entities and foreign entities registered in BVI must employ local staff and lease a physical office as required. They cannot own property or trade within the BVI without appropriate licensing required then.

The best way to leverage a BVI company is by establishing an offshore entity which facilitates global profit booking while minimizing tax impacts effectively. Incorporating offshore companies in the BVI comes with an easy setup procedure, transparent tax laws which helps maintain BVIs excellent reputation amongst popular offshore jurisdictions.

Why settle for a rigid corporate structure when you can have the flexibility of a BVI company?"

Flexible offshore corporate structures available to international businesspeople

The offshore jurisdiction of the British Virgin Islands offers various flexible offshore corporate structures which provide a cost-effective and straightforward process while also guaranteeing a lack of statutory requirements such as mandatory filing of audits, taxes, or financial information.

A summary table below outlines some essential characteristics of these flexible offshore corporate structures:

Characteristics

Description

No. of required directors/shareholders

One each at the minimum

Tax rate on corporate taxes for offshore entities

0%

Citizenship requirement for shareholders and stakeholders

None - open to anyone irrespective of nationality

Maintenance requirements post-registration

Limited requirements needed to maintain compliance with regulations

Moreover, these structures cater to various needs such as easy setup procedures, transparent tax laws, and a good reputation amongst popular offshore jurisdictions.

It is noteworthy that these flexible offshore corporate structures are not permitted to own property or trade in the BVI and require licensing for certain activities such as banking or insurance services. Furthermore, locally incorporated companies must employ local staff and lease a physical office after 1 January, 2019.

To take advantage of these flexible corporate structures in the BVI when setting up an offshore entity that books global profits while minimizing taxes, consider engaging reputable financial service providers knowledgeable about transparent laws and regulations governing the processes involved in BVI company registration. Additionally, Fund Managers can maximize benefits from registering a company in this location through establishing the right infrastructure available.

Who needs a tax haven when you can have a tax-free paradise? Welcome to the British Virgin Islands.

0% tax rate on corporate taxes for offshore entities

Offshore entities registered in the British Virgin Islands (BVI) enjoy a distinctive advantage of being subject to 0% tax rate on corporate taxes in the BVI, granting the corporation complete financial transparency with no underlying tax implications. These offshore corporations are not restricted from trading globally and can support corporate bank accounts around the world. To avoid any wrongdoing, it is essential to abide by local regulatory guidelines while conducting business activities in BVI.

The absence of taxation on corporate taxes for offshore entities simplifies their financial status as their income and profits remain unaffected by taxation. It enables businesses to allocate more funds towards growth, expansion, research & development, new product lines or even save costs which results in a significant increase in overall profitability. However, new requirements were implemented that require companies engaging in specific activities to declare their tax residency as of 1 January 2020.

Interestingly, there have been no tax-related scandals involving offshore entities registered in BVI since its inception in 1984. This confirms that offshore corporations' registrations primarily for minimizing their corporate taxes demonstrate that such practices can establish trustful business relationships globally and participate eminently with credible merit.


Who needs objectives and structure when you have 0% corporate tax rates? #BVICompanyRegistration

Please note you should always seek tax advice from qualified individuals who understand your particular situation.

No statutory requirements for company's objectives or legal structure

BVI company registration boasts of 'no statutory requirements for company's objectives or legal structure.' There are no formal requirements for a BVI company's purpose or legal arrangement, providing full autonomy in structuring the enterprise and a flexible corporate structure which can be tailored to specific needs. Unlike many other jurisdictions, BVI permits corporations to operate under their preferred jurisdiction laws and make use of different corporate structures, such as holding companies and subsidiaries.

Furthermore, only one director and one shareholder are needed to register a BVI corporation, making it easy and cost-effective. A unique feature of BVI is its 0% tax rate on corporate taxes for offshore businesses. The country also exempts local companies from withholding tax on dividends paid to non-resident shareholders and interest paid on loans. Therefore, businesses registered in BVI can enjoy significant savings since they do not require extensive financial reporting nor filing audited accounts. However, although there are no taxes on earnings, it is necessary to comply with taxation regulations in the individual owner's home country and hold financial records accordingly.

Pro Tip: Before availing benefits that come with 'no statutory requirements for company's objectives or legal structure', consult professional tax advisors since dynamic tax regulations frequently change across different countries.

No mandatory requirements for filing of audits, taxes or financial information

For the registration of a BVI company, there are no obligations or prerequisites to file audits, taxes or financial information, making it simpler and saving companies time and money. This feature sets it apart from other jurisdictions. It acts as a great incentive for businesses to establish offshore entities in the British Virgin Islands. Companies can focus on their core business activities, rather than compliance requirements.

This lack of mandatory filing of financial information allows companies to maintain superior secrecy arrangements. No external party is required to have access to this kind of data unless otherwise compelled by law enforcement agencies with an appropriate warrant or court order. This offers significant advantages for clients in terms of risk management and privacy protection.

It's important to note that while there are no statutory requirements for such filings, the related information must be available upon request by local regulatory authorities. As long as a company adheres to any applicable laws and can produce supporting documentation when requested, they will avoid legal issues.

It is also important to note that certain types of businesses are required to submit economic substance reports, showing the company’s substance or presence in BVI, unless they are a tax resident in another location. Companies that are not required to submit economic substance must submit a filing to note they do not fall under the economic substance act.

BVI has had a history of being compliant with globally accepted best practices regulating tax havens, including anti-money laundering regulations and transparency measures. Since 2017, it has implemented much-needed reforms aimed at boosting transparency and financial compliance with standards set by the Organisation for Economic Cooperation and Development (OECD).

Less cooks in the kitchen, more profit in the bank - BVI registration only requires one director and one shareholder.

Only one director and one shareholder required for registering a BVI company

For registering a BVI company, a single director and shareholder are sufficient.

Requirement

Details

Number of directors required

1

Number of shareholders required

1

Nationality restrictions for stakeholders and directors

No restrictions, any nationality allowed.

It is essential to understand that newly incorporated companies in BVI need tax residency as from January 2020 if they deal with relevant activities. Additionally, foreign entities registered in the country and locally incorporated BVI entities must lease physical offices and hire local staff from January 2019.

Lastly, it is worth mentioning that establishing an offshore entity to book profits globally with significant tax minimization potential can be useful for BVI firms.

Nationality doesn't matter when it comes to corporate domination in BVI - all are welcome to join the offshore party.

Corporate shareholders are permitted and stakeholders and directors can be of any nationality

BVI company registration allows for a unique open-minded approach to corporate structuring. Corporate shareholders are welcome and stakeholders and directors can be of any nationality, ensuring a truly diverse business environment. The simplicity of this process ensures straightforward incorporation and maintenance procedures, with only one director and one shareholder being necessary to register a BVI company.

Moreover, given the recent addition of the BVI jurisdiction to the OECD white list following compliance with various OECD guidelines, international businesspeople seeking an offshore entity can do so with ease knowing that their business practices will meet internationally recognized standards.

Recently added to the OECD white list after complying with various OECD guidelines

The British Virgin Islands (BVI) was recently added to the OECD white list after complying with various OECD guidelines. The BVI government has made significant efforts to align their laws and regulations with global standards. This move has increased credibility for BVI as an offshore financial center.

Being included in the OECD white list implies that the BVI company registration process is now more transparent, compliant, and meets international standards. Businesses registered under BVI can now confidently expand globally without any concerns over reputation or noncompliance issues.

It's worth noting that being compliant with various OECD guidelines didn't come easy for BVI. The process included significant efforts by the government to make substantial changes in taxation reforms and anti-money laundering legislation. However, complying with these policies demonstrates a high level of commitment towards global transparency programs.

Pro Tip: Companies considering offshore registrations should conduct thorough research before making decisions based on just one factor such as tax exemption. It's essential to consider various aspects like transparency, infrastructure, and compliance regulations while selecting offshore jurisdictions.

Register your BVI company today and spend more time sipping margaritas on the beach than worrying about maintenance.

Minimal maintenance requirements following registration of a BVI company

A BVI company registration has minimal maintenance requirements post its registration. Unlike conventional companies, BVI entities require no mandatory filing of audits and taxes, ensuring cost-effectiveness for businesses. Additionally, offshore corporate structures available to international businesspeople can be customized with only a single director and shareholder required. Corporate shareholders are also permitted, removing nationality barriers for stakeholders and directors.

One may use a BVI company to establish an offshore entity while minimizing tax on global profits or establish a financial services organization comfortably due to transparent laws and regulations and easy setup procedures with transparent tax laws.

Lastly, it is imperative to note that owning property or trading in the BVI is prohibited for local businesses registering with this island-based location. Moreover, licensing is mandatory for banking, insurance, trust management & investment advice activities. As of January 2020, companies undertaking relevant activity must have tax residency in place (locally). Foreign companies registered in BVI must lease physical offices within the region by January 2019 while employing local staff to comply with legal requirements.

With this in mind, according to Corporate Secretarial Services Limited Hong Kong's Head of Business Development "Low tax jurisdictions such as the British Virgin Islands provide flexibility within their regulatory framework. Acquiring organizations considering setting up base in offshore locations like the British Virgin Islands need specialized services providers' support vital in maintaining compliance within various jurisdictional legal frameworks."

When it comes to accessing global corporate bank accounts, registering your business in the BVI is like having a passport to the financial world.

Access to corporate bank accounts around the world to support BVI business registration

To support the registration of BVI businesses, they have access to corporate bank accounts around the globe, making it easier to manage finances seamlessly. The table below illustrates the banks where a BVI entity can immediately open an account remotely:

Bank Name

Location

HSBC

Hong Kong

Cayman National

Isle of Man

Proven Bank

Saint Lucia

DBS

Singapore

Banco Popular SA

Puerto Rico

Novo Banco

Portugal

Apart from these globally recognized banks, there are a host of other financial institutions that offer their services to facilitate BVI business registration. These include Citibank, Barclays, Standard Chartered, and Bank of America. In addition to this global banking network for BVI company registration purposes, it has been observed that having a business account with a local institution provides certain benefits such as efficient transaction processing and better foreign exchange rates. Don't miss out on the benefits of easy and seamless banking services around the world when registering your business in the British Virgin Islands!

Problems with BVI company registration

As much as offshore company registration in the British Virgin Islands provides several benefits for businesses, there are also challenges that one might face when registering a company there. In this part of the article, we will explore problems related to property ownership and trading, licensing requirements, and the country’s economy, which largely relies on tourism and finance sectors. Additionally, we will take a look at the tax residency requirement and the need to employ local staff that are mandatory for locally incorporated BVI entities or foreign entities registered in BVI.

Not permitted to own property or trade in the BVI

The British Virgin Islands (BVI) does not allow offshore entities to own property or trade within the jurisdiction. This limitation could impact businesses looking to establish a physical presence in the country, and activities involving property ownership or trading. However, it is necessary to obtain proper licensing for certain activities such as banking, insurance, trust management, or investment advice services. Additionally, local incorporation and foreign entities registered in BVI are required to employ local staff and lease a physical office as of January 2019.

Despite the limitations imposed on property ownership and trading, BVI offers other advantages such as a cost-effective and straightforward process of incorporation. Also, there are flexible offshore corporate structures available to international businesspeople with transparent tax laws. It is good for establishing an offshore entity with easy company setup procedures that can book global profits while minimizing tax. Finally, BVI has a reputation amongst popular offshore jurisdictions with good infrastructure available for fund managers.

Licensing required for certain activities such as banking, insurance, trust management, or investment advice services

For those engaging in specific activities such as banking, insurance, trust management or investment advice services, licensing is mandatory in the British Virgin Islands. Companies that fail to comply with licensing requirements could face severe legal and financial repercussions. It is essential to ensure that you obtain all necessary licenses before conducting any regulated activities in the British Virgin Islands.

Engaging in certain activities such as banking, insurance, trust management or investment advice services, requires a license from relevant regulators within the British Virgin Islands jurisdiction. Failure to comply with these statutory provisions puts business entities at risk of closure or heavy financial penalties. It is crucial for businesses to seek proper legal counsel and ensure they have all regulatory requirements met before engaging in relevant activities.

It is important to note that there may be additional local requirements for licensing beyond these statutory mandates. Companies must identify and adhere to all such regulations while seeking timely renewal of licenses to avoid any disruptions in their operations.

If you plan on performing regulated activities under your business's auspices within the British Virgin Islands, it is imperative that you obtain all necessary licenses before proceeding. Failure to do so will not only expose your enterprise to legal risks but also potential reputational damage arising from regulatory non-compliance.

If the BVI economy were a tripod, it would have two legs: tourism and finance.

Economy largely dependent on tourism and the financial sector

The economic sustainability of the British Virgin Islands is closely associated with tourism and finance, with these underlying factors playing a significant role in determining the growth of the region. Placing an emphasis on creating a stable offshore corporate structure for international investors and businessmen has helped to bolster this industry further.

While tourism and finance form the cornerstone of the economy, there remain certain legal requirements that businesses must navigate to operate within these industries. Furthermore, tax residency is needed for new and current corporations engaged in relevant business operations from January 2020.

One unique feature of the British Virgin Islands’ system is its requirement for local employment and leasing physical office spaces by both locally incorporated firms and foreign entities registered with BVIA. This provides a platform for improved integration between offshore companies and governments.

A BVI incorporation has benefits such as flexibility on structure available for international businessmen who seek an offshore presence while providing them with good global banking accessibility. These factors allow many financial service providers, entrepreneurs and others choosing the region as their business base.

Don't forget to pack your tax residency when registering your BVI company in 2020.

Tax residency required for new and existing companies with relevant activities as of 1 January 2020

Starting from 1st January 2020, all new and existing companies involved in activities relevant to tax residency are required to have tax residency in the British Virgin Islands (BVI). This means that such companies will be evaluated on factors like the location of their decision-makers and place of business operations. The purpose behind this change is to improve transparency and reduce financial crimes like money laundering.

Locally incorporated BVI entities and foreign entities registered in BVI required to employ local staff and lease a physical office as of 1 January 2019

This new regulation may add additional costs to businesses that choose to establish themselves in the British Virgin Islands. However, it is necessary for businesses to ensure that they comply with the new regulations in order to avoid any legal complications and to build strong relationships with the local community.

It is important for businesses seeking offshore registration in BVI to be aware of these requirements before deciding whether or not to establish a presence on the island. Failing to comply with this directive will result in penalties, fines, loss of reputation, and other legal problems that could impact your business operations.

To avoid missing out on potential economic growth opportunities arising from establishing a business presence in BVI, it is imperative that businesses take action now. Careful planning and preparation can help you meet the requirements without disrupting your overall business strategy.

Unlock the potential of your offshore business with these top uses for a BVI company.

Establishing an offshore entity to book global profits while minimizing tax

Setting up an offshore entity to book global profits while minimizing tax is a feasible option through BVI company registration. BVI offers a tax-free jurisdiction enabling international businesspeople to draw in resources and increase profits based on cost-effective, straightforward processes with flexible corporate structures. It's also easy to build financial service companies with transparent legal regulations from good infrastructure available for Fund Managers.

Establishing a financial services company with transparent laws and regulations

Recently the BVI has complied with various OECD guidelines and has been added to the OECD white list. The jurisdiction also boasts a good reputation among popular offshore jurisdictions while providing transparent tax laws and minimal maintenance requirements post-registration of a BVI company. As a result, establishing a financial services firm in the British Virgin Islands ensures transparency while minimizing taxes.

Unique details such as access to global banks that support the establishment of businesses registered under BVI jurisdiction also make it easy to set up companies without hassle.

Don't miss out on the advantages of establishing your financial services company in the British Virgin Islands. With all its benefits like transparent laws and regulations, flexibility for global operations at low costs; it's an opportunity not worth passing up!

Setting up a BVI company is so easy, you'll have time to plan your next vacation to the BVI's beautiful beaches.

Easy company setup procedures

Setting up a company in the British Virgin Islands is a reasonably accessible process. The process's flexibility and simplicity make it an attractive option, especially for international businesses seeking offshore corporate structures that promise tax benefits and flexible regulations.

Here is a 6-step guide to follow when registering a BVI company:

  1. Choose a corporate structure that suits your business needs.
  2. Select a unique company name and submit for approval by the Registrar of Corporate Affairs.
  3. Draft the Memorandum & Articles of Association and file them with the Registry of Corporate Affairs.
  4. Register your business with the government authorities, paying required fees through authorized channels.
  5. Appoint at least one director and shareholder using available services from licensed agents or lawyers based in BVI.
  6. Receive your certificate of registration from Registry of Corporate Affairs.

Pro-tip: Seek legal assistance before registering your business to avoid setbacks or compliance issues in the future.

Transparency never looked better on taxes than in the British Virgin Islands.

Transparent tax laws

The British Virgin Islands' legal system maintains transparent tax laws for international business people. Companies registered in BVI are not subject to corporate taxes and there is no mandatory requirement for filing of audits, taxes or financial information.

Good reputation amongst popular offshore jurisdictions

Renowned for its good reputation amongst popular offshore jurisdictions, a BVI company offers a myriad of benefits for international businesspeople. The BVI has recently been added to the OECD white list after complying with various OECD guidelines, which also enhances its credibility.

Furthermore, the BVI company registration process is cost-effective and straightforward compared to other countries. Corporate taxes for offshore entities are governed by a 0% tax rate in the BVI. It has no statutory requirements for the company's objectives or legal structure as well as filing of audits, taxes or financial information.

Additionally, stakeholders and directors can be of any nationality while only one director and one shareholder are required for registering a BVI company. Likewise, it has minimal maintenance requirements following registration of a BVI company. This feature makes it an easy choice for businesses that are looking to save money on structure, ongoing costs and support services.

Lastly, it is worth noting that the British Virgin Islands conform to international anti-money laundering standards set by the Financial Action Task Force (FATF) within its local regulations.

Good infrastructure available for Fund Managers

The British Virgin Islands offers a good infrastructure for fund managers with its flexible offshore corporate structures that allow international business people to establish financial services companies with transparent laws and regulations. Additionally, the BVI enjoys an extensive banking network, which provides fund managers with diverse options to support their global business operations.

Furthermore, BVI's excellent telecommunications system enables fund managers to communicate effortlessly with their clients and investors globally. Its abundant supply of qualified professionals ensures that those wishing to set up a mutual or hedge fund can quickly obtain local experts' services.

It is also worth noting that the BVI's newly added status as being on the OECD white list offers tax-friendly benefits that are attractive for businesses looking to establish themselves in a jurisdiction that upholds transparent tax laws.

Five Facts About Benefits of Offshore Company Registration in the British Virgin Islands:

        BVI company registration is cost-effective and can be completed in one week with no minimum capital requirements.

        The BVI government has implemented a 0% tax rate on corporate taxes for offshore entities.

        BVI offshore entities are not required to state the company's objectives or legal structure, and no mandatory requirements exist for filing audits, taxes, or financial information.

        Only one director and shareholder is required, and corporate shareholders are permitted. Shareholders and directors can be of any nationality.

        The BVIs are a great jurisdiction to establish an offshore entity to book global profits while minimizing tax.

FAQs about Benefits Of Offshore Company Registration In The British Virgin Islands

What are the benefits of offshore company registration in the British Virgin Islands?

Offshore company registration in the British Virgin Islands offers a number of benefits, including cost-effectiveness and straightforwardness in the process. There are no minimum capital requirements, and the registration process can be completed in just one week. The BVI has one of the most flexible offshore corporate structures available to international business people. There are no statutory requirements to state a company’s objectives or legal structure, there are no mandatory requirements for filing of company audits, taxes, or financial information, and minimal maintenance requirements following registration of a BVI company. Additionally, only one director and one shareholder are required for registering a BVI company, and corporate shareholders are permitted with shareholders and directors of any nationality.

What are the best uses for a BVI company?

The British Virgin Islands are a great jurisdiction to establish an offshore entity to book global profits while minimizing tax. A BVI BC does not have to pay corporate tax on its global profits, though income through a BVI BC may be subject to personal income tax in the country of residence. Clients interested in establishing a financial services company often choose the BVI for its transparent laws and regulations imposed by the BVI Financial Services Commission, easy company setup procedures, transparent tax laws, good reputation amongst popular offshore jurisdictions, and the good infrastructure available for Fund Managers.

What are the problems associated with BVI company registration?

There are several problems associated with BVI company registration, including the fact that a BVI Business Company is not permitted to own property or trade in the BVI. Additionally, certain activities to be undertaken by a BVI company require a license, such as banking, insurance, trust management, or investment advice services. It’s important to visit the British Virgin Islands Financial Services Commission for more information on licensed business activity regulations. The economy in the BVI is largely dependent on tourism and the financial sector, which means that entrepreneurs willing to invest in an avenue other than those may face hurdles in the BVI market, including a lack of quality workforce for their required business and an inadequate consumer base for their products, resulting in poor market penetration.

What are the tax implications of registering a BVI company?

A BVI BC does not have to pay corporate tax on its global profits. However, income through a BVI BC may be subject to personal income tax in the country of residence. Additionally, as of 1 January 2020, new and existing companies with relevant activities are required to state whether they are tax resident in the BVI. If the company decides to be tax resident, such business is required to have active directors and staff and a physical office in the BVI and submit an annual financial report to the BVI government re local turnover, profits, and expenses incurred within the BVI. If not tax resident, the company will need to confirm the jurisdiction of tax residency and provide supporting documents, including a tax registration certificate and a tax return confirmation.

Are there any requirements for locally-incorporated BVI entities engaging in certain activities?

As of 1 January 2019, locally-incorporated BVI entities, foreign entities registered in BVI, and limited partnerships engaging in holding company activities, banking business, distribution and service centre business, finance and leasing, fund management, headquarters business, insurance, intellectual property holding, and shipping are required to employ local staff and lease a physical office.

Can Offshore Company Reg assist in opening offshore bank accounts for BVI business registration?

Yes, Offshore Company Reg can assist with opening offshore corporate bank accounts around the world to support BVI business registration. Our team of experts works with world-class banks and have strong partnerships giving you the best chances of success.