• BVI Company

The British Virgin Islands (BVI) is one of the locations where company incorporation by foreign business owners is common. The business policies of the BVI are generally very positive towards business owners there.

Work Flow

BVI Company Work Timeline

Here at Paul Hype Page, company incorporation in Singapore is not the only thing we are the experts in. When it comes to your business in Singapore, business activities and tax exemption matters, we are the expert on all matters related to Singapore companies and how to help them succeed. If incorporation of a BVI company is also what you seek, we can help with that too.

BVI Pre- Incorporation Factors

  • Difficult to open a bank account
  • Bad tax planning instrument
  • Bad international reputation

Better BVI Tax Planning Purposes Solutions 

1) Malaysia Company Incorporation offers full tax exemption for foreign source income with more than 72 tax treaties.

2) Singapore Company Incorporation offers good International reputation and reliable banking system for international business.

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Our Services Include:

  • Business Setup formation form – Know your Client (KYC)
  • Company name reservation (same day)
  • Company incorporation (same day)
  • Provision of a BC registered office and mailing address
  • Safe custody of company documentation as required
  • Arranging the establishment of a bank, broking or portfolio investment account as required
  • Provision for Company Secretary Services and Annual filing

The BVI is the world’s premier offshore corporate domicile due to its status of being a British Overseas Territory with no exchange controls and the US dollar as its currency.

At Paul Hype Page , we provide full corporate services to establish and administer BVI Business Companies in accordance with local regulations. We work closely with you to provide as comprehensive a company formation and secretarial service as you require.

BVI Company

Business Setup formation form

Please click below to download Business Setup formation for

For comparison between other offshore company location, click to see table

Want to Start business in Singapore
Want to Start business in Singapore

Provision for Company Secretary Services and Annual filing

Paul Hype Page & Co. acts as a corporate secretarial agent for your company through its competence in assisting your company in its yearly compliance matters and procedures as well as non-routine corporate matters such as:

  • Attending as well as recording and minutes of the shareholders and board meetings and notification
  • Preparing shareholders resolutions and board resolutions
  • Updates and advise the company on its compliance with the rules of the Companies Act and as well as the listing requirement mandated by the respective Exchanges
  • Filing of audited accounts and annual returns for every financial year end
  • Extensible Business Reporting Language (XBRL) online filing
  • Maintaining private, public-listed and public companies’ statutory records
  • Changing of share capital structure
  • Transferring & issuing of shares
  • Prepare relevant resolutions for change of member, directors, company secretaries and auditors
  • Prepare relevant resolutions for change of registered company addresses
  • Transferring & issuing of shares
  • Bank accounts opening, changing of bank signatories and coordination with local banks
  • Changing of company name
  • Modifying the Memorandum and Articles of  Association
  • Make searches for company’s accounting history
  • Other administration work (purchasing of relevant certificates of the company from time to time etc)
  • Developing draft agreements, regulated terms & policy for your organisation

Our Fees

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

Fees Inclusive of:

  1. Company Name Search in BVI Registry
  2. Document Preparation
  3. Registrar of Shareholder, Director and Members
  4. 5 sets of Memorandum & Article of Association (M&AA)
  5. Share Certificates Book of 10 Certificates
  6. One Common Seal
  7. One Authorised Signature Chop
  8. Certificate of Incorporation
  9. Company Kit Box

Documents required for incorporating a BVI company

Below are the required documents for incorporating a BVI company:

  1. Copy of Passport, IC (your current holding pass in Singapore)
  2. Copy of bills (phone or electrical bills) to prove your residential address

Other information that you need to prepare:

  1. Propose company name (at least 2-3)
  2. Purpose of company
  3. Share capital amount
  4. Registered address
  5. Details of directors, shareholders, owners and other connected persons or legal entities

You will also need to provide the following documents to open a bank account in Singapore:

  1. Cert of Incumbency
  2. Business Profile
  3. Company’s M&AA
  4. Copy of IC or passport is needed during the interview with the banker

BVI Company

Incorporation of BVI Company FAQs

Who is allowed to Incorporate a company in Singapore?2020-06-22T14:05:03+08:00

There are no restrictions on the identity of those who plan to incorporate a company in Singapore. Anyone who fulfills all of the necessary criteria is allowed to do so. However, those who fail to fulfill the criteria may not incorporate a Singapore company until they have done so. 

Can a Foreigner be appointed as the manager of the Company?2020-06-22T14:04:45+08:00

Yes, as long as the foreigner has an Employment Pass or a Dependent Pass.

If my company has one director and one shareholder, is it compulsory to amend my company’s M&AA?2020-06-22T14:03:44+08:00

While the law does not compel a company to amend its memorandum and articles of association (M&AA) to cater to a one-director company, you may wish to examine your own M&AA to determine if it contains any provisions that will not be operable if there were just one director. Every company can draft its own set of M&AA and need not rely solely on the provisions in Table A of the Companies Act. For further information, refer to section 4 and 184 of the Companies Act.

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13 Discussions

  1. Maggie Sun November 10, 2016 at 7:50 pm

    To whom it may concern,

    I would like to consult about establishment of a new entity in BVI. What’s the normal process for the entity setup? What‘s the breakdown of the total fee needed for a new entity in BVI?

    I’m based in New York now. You can reach me through the email maggie.sun@primusus.com or by phone +14432400802. Really appreciate your help!

    Thanks,
    Maggie

    • Paul Hype Page November 18, 2016 at 5:58 am

      Hi Maggie,

      Thanks for your inquiries.

      In order to set up a BVI company, you will be asked to fill out an application form and submit certified true copy of your passport and address proof.

      As you probably know, the compliance check has became very strict nowadays, so it is advised to discuss with a right firm who can guide you through the effective strategies and experience.

      We have been assisting a lot of clients with BVI incorporation so please let us know if you need to seek a professional consultation before you implement your business plan. Our BVI incorporation fees is $3,800.

      Cheers,

      Paul

  2. Marcus Ho April 26, 2016 at 5:24 pm

    Enquiry on setting up a BVI company. Kindly revert with details.

    • Paul Hype Page April 27, 2016 at 3:36 am

      Dear Marcus,

      My colleague will email you shortly.
      Thank you
      Paul

  3. Thomas Earl April 26, 2016 at 1:46 am

    require costs for (A) off the shelf BVI and (B) new incorporation of BVI to be based in Singapore.

  4. jan chew chuie sian February 24, 2016 at 10:38 am

    Dear Sir ,
    l am looking for incorporate the BVI companies under Individual ,
    the nationality is DNISH .
    can you please give me an quotation as soon as possible and let me now how fast can be ready ? will prefer to chosen ready companies list
    hope to hear your feedback soonest possible

    • Paul Hype Page February 25, 2016 at 3:23 am

      Dear Jan,

      My consultant will contact you soon with more details on BVI.

      Thanks
      Paul

  5. Thea Baclagan February 3, 2016 at 4:03 am

    We have set up a BVI company and would like to hire a company secretary that will maintain it. Kindly call me if you need details.

    • Paul Hype Page February 25, 2016 at 3:58 am

      Dear Thea,

      Thank you for your interest in our services. Our corporate specialist will be in touch with you soon.

      Paul

  6. Nathan Krishnan October 30, 2015 at 8:37 am

    Enquiry on setting up a BVI company. Kindly revert with details

    • Paul Hype Page November 23, 2015 at 9:47 am

      Dear Nathan
      Thank you for your queries, my colleague will email you with more details shortly
      Paul

  7. Farrick Liau (Mr.) April 29, 2015 at 6:29 am

    Enquiry on setting up a BVI company. Can someone contact me to discuss further?

    Thanks and have a nice day!

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