| 
Contact Us At Your Local Number
Australia: +61.280.06.5046
China: +86.159.0215.6779
Denmark: +45.36.98.1199
Finland: +358.09.2316.3939
France: +33.970.40.8591
Germany: +49203581778
Hong Kong: +85.28.172.0076
Ireland +353 1 442 8594
Israel: +972542112377
Japan: +81.50.5809.3747
Mexico: +52.55.8421.4378
New Zealand: +64.04.889.2191
Poland: +48 22 219 7862
Russia: +7.926.388.0142
Sweden: +46.855.92.6723
Switzerland: +41.22.548.0156
Thailand: +66843652828
UK: +44.203.286.9026
USA: +1.847.380.9667
Email
info@fridmaninvestments.com
Translation Services
We speak English Hebrew Russian Spanish Deutsch/German
Portuguese Italian French Chinese Arabic Korean Japanese
Learn More...
We proudly support Soho-Ku
Visitor Number: 
|
Company Formation
Prices are in HKD ( Hong Kong Dollars ) 1.00 USD = 7 HKD
Prices & Conditions are subject to Change, please contact
us for more details
Location:
British
Virgin Islands (BVI) consist of 60 islands and having a
total land area of 150km². They lie to the north west
of the United States Virgin Islands and are separated from
them by a channel only five kilometers wide. There is an
excellent daily air service between the Islands and the
USA. Cruise ships call in weekly to the Islands and there
are freight carriers. The population is around 16,000, most
of them reside in capital.
Official language :
English.
Economy :
The International Business Companies Ordinance
was passed in August 1984. Since then it has been one of
the major factors contributing to the success of the BVI
as an offshore financial center.
The British Virgin Islands are currently
the world's leading offshore corporate domicile. There are
currently over 300,000 IBC's registered and this figure
increases by more than 2,000 companies per month. This is
a major industry for this small and scenic part of the Caribbean.
|
| Restriction in BVI
companies |
IBC's are prohibited from
carrying on any business with persons residing in the BVI
and from owning an interest in real property in the BVI.
The following are not construed as carrying on any business
in the BVI£º
- Maintaining a bank account.
- Using the services of a professional firm.
- Maintaining accounting records.
- Holding meetings of shareholders and directors.
- Holding a lease of property for use as an office.
- Holding shares or other securities in another BVI company.
- The memorandum of association must contain the name and
address of the BVI registered agent.
|
| Advantages of BVI Companies |
- No tax and filing requirement
- Only one shareholder and director is required.
- Corporate shareholder and director is allowed.
- Minimum issued and paid up share capital required is
US$1.
- No mandatory requirement in preparing financial statements
or appointing auditors.
- Totally exempt from BVI income tax and stamp duties (if
no business in BVI).
|
- Minimum 1 shareholder + 1 director.
- Minimum US$1 issued and allotted share capital.
- Registered address in the offshore country (included
in package service and in annual renewal fee).
|
| Client can make a selection
between
"Tailor made company" and "Ready made company".
-
-
| Day 1 |
Client
should pass following information to Fridman Investments:
- Passport / ID copy and address of at least 1shareholder
and 1 director.
- At least 3 intended company names in order of preference
for company name search.
- 50% fee as down payment.
Please contact
us for a BVI company - Incorporation Order Form
which can help to collect proper information. |
| Day 2 |
- Fridman Investments confirm to client whether the
names can be used.
- Fridman Investments send documents to client for
signature by email.
- Client should return the signed documents back to
Fridman Investments for processing. Usually, sending
by fax is sufficient.
|
| Day 6 |
- Copy of Certificate of Incorporation will be available
to client to confirm that the company is properly
formed;
- Client need to settle all service balance payment.
When Certificate of Incorporation
is available to client, the company is certified to
be established and client can use the company to enter
into business transaction. |
| Day 10 |
- Whole set of company kit and processed documents
will be available to client.
|
|
Important Note
- Time required is stated in terms of working days,
not calendar days.
|
|
Material available to client
after company is formed:
- Company kit - signature chop, stainless steel seal,
printed M&A etc.
- Certificate of Incorporation
- Copies of shareholders, directors etc registration
documents.
If client is unable to collect
the original documents in our office. We can arrange
to forward the documents to client by courier. Please
provide mailing address for courier fee quotation.
Fridman Investments will remind client to renew the
company licence each year. Therefore, keeping corresponding
method update with us is important. |
|
| Day 1 |
- Client to choose preferred companies from ready made company
list
- Client should pass following information to Fridman Investments
for document preparation:
- Passport / ID copy and address of at least 1shareholder
and 1 director.
- At least 3 intended company names in order of preference.
- 50% fee as down payment.
- Once payment is received by Fridman Investments, a copy
of Certificate of Incorporation will be available to client
to confirm ownership of the company;
- Fridman Investments will send documents to client for
signature.
- Client should pass the signed documents back to Fridman
Investments for processing. Usually, sending by fax is sufficient.
When Certificate of
Incorporation is available to client, client can use the company
to enter into business transaction, even though some registration
process need to handle in following days. |
| Day 2 |
- Client should settle remaining service fees.
- Fridman Investments will pass processed documents and
company kit back to client after remaining balance payment
settled.
|
| Material
available to client after company is formed:
- Company kit - signature chop, stainless steel seal, printed
M&A etc.
- Certificate of Incorporation
- Copies of shareholders, directors etc registration documents.
If client is unable to collect the original documents in
our office. We can arrange to forward the documents to client
by courier. Please provide mailing address for courier fee
quotation.
Fridman Investments will remind client to renew the company
licence each year. Therefore, keeping corresponding method
update with us is important. |
| Setup
cost ( Prices Subject To Change
) |
| Maintenance cost
( Prices Subject To Change ) |
| Generally,
the only duty is to maintain annual licence renewal in BVI.
| Annual license renewal fee is US$1,300. |
We'll send reminder
to our client to help renewal.
- Company registered between 1/1 ¨C 30/6
> Annual license renewal due by 30/4 each
year.
- Company registered between 1/7 ¨C 31/12
> Annual license renewal due by 31/10 each
year.
Possible late renewal payment penalty:
- Within 2 months of renewal date = US$1,300 + 10%
- Over 2 months of renewal date = US$1,300 + 50%
- Over 5 months, the company will be struck off from the
registration.
As long as the BVI company is not carrying
on business in Hong Kong, there is no duty of reporting or
registration to Hong Kong government departments. |
Contact Us For More Information
| Previous Page
|
