5. What can you tell me about B.V.I. IBC Shares?
The BVI legislators are moving towards the discontinuation of Bearer Shares and we recommend a Nominee Shareholder to our clients. It can also be difficult to open bank accounts at some banks if the company has issued bearer shares. We provide (free) a Nominee Shareholder with a Declaration of Trust in favour of the beneficial owner. We also provide an open-dated Letter of Resignation by the nominee.
6. How long does it take you to incorporate an IBC in the BVI?
From the time that we have all the required information and the company incorporation fees have been received the incorporation process will be completed in three working days. Your incorporation documents will be shipped to you immediately by express courier such as FedEx or DHL. Please allow the required time for the package to reach you, this will be determined by your location. A tracking number will be provided so that you can keep a trace on your package.
7. If circumstiances change and I change my mind about the offshore company, can I get at least a partial refund?
Once the incorporation form has been completed and the company paid for no refund is possible. These funds would have already been used for the incorporation fees and other services provided.
8. How long does it take you to incorporate an IBC in the BVI?
From the time that we have all the required information and the company incorporation fees have been received the incorporation process will be completed in three working days. Your incorporation documents will be shipped to you immediately by express courier such as FedEx or DHL. Please allow the required time for the package to reach you, this will be determined by your location. A tracking number will be provided so that you can keep a trace on your package. rak offshore centre is another alternative.
9. When is the annual renewal fee due for BVI companies?
Companies incorporated between January 1st to June 30th; funds must be credited to our account for payment to the Registry before May 31st deadline to avoid penalties. Companies incorporated between July1st to December 31st; funds must be credited to our account for payment to the Registry before November 30th deadline to avoid penalties.
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