BVI Company Registration Services For Singapore Companies
Establishing an offshore company in the British Virgin Islands (BVI) offers many benefits for businesses looking to optimize their tax strategy, protect assets, and maintain confidentiality. With FastLane Global, we make the BVI company incorporation process seamless, cost-effective, and fully compliant with local regulations.
FastLane Group offers comprehensive and reliable BVI (British Virgin Islands) company incorporation services tailored to meet the needs of Singapore businesses seeking the benefits of BVI’s favorable business environment. As a leading provider, we ensure a seamless incorporation process, guiding you through every step of establishing a BVI company.
Trusted by over 1000+ businesses
Why Singapore Companies Choose BVI Incorporation?
Asset Protection Advantages
BVI provides strong asset protection laws, making it harder for creditors to seize company assets compared to Singapore.
Tax Neutrality Benefits
BVI has no corpor-ate tax, capital gains tax, or inheritance tax, offering tax advantages not available in Singapore.
Lower Maintenance vs Singapore
BVI companies have lower annual maintenance costs and fewer compliance requirements than those in Singapore.
International Business Flexibility
BVI offers greater flexibility for international operations, with fewer restrictions on business activities compared to Singapore.
No Currency Controls
BVI has no foreign exchange restrictions, allowing free movement of capital, unlike Singapore, which has some regulations.
Simpler Corporate Requirements than Singapore
BVI has less complex corporate governance requirements, such as only needing one director and shareholder, compared to Singapore’s stricter rules.
FastLane Global: Your Trusted Partner for BVI Company Formation
At FastLane, we provide expert guidance throughout the entire BVI company incorporation process. With over 20 years of experience, we help businesses ensure a fast and compliant setup of their offshore companies in the British Virgin Islands.
Expert Consultation
We provide personalized advice based on your business needs to ensure you understand the benefits and structure of BVI incorporation.
End-to-End Incorporation Services
From reserving your company name to filing all necessary documents with the BVI Registry, we handle every step.
Tailored Solutions
We customize your BVI company formation to fit your business strategy, whether for asset protection, international trade, or investment purposes.
Ongoing Compliance Support
After incorporation, we assist with compliance matters, annual filings, and Economic Substance requirements, ensuring your BVI company remains in good standing.
The BVI Company Incorporation Process
Incorporating a BVI company is a simple and fast process. At FastLane, we take care of everything, ensuring your business meets all the necessary legal requirements.
Here’s How It Works:
Step 1: Initial Consultation
We start by discussing your business goals and recommending the best corporate structure for your needs.
Step 2: Reserve Your Company Name
Choose and reserve a unique company name with the BVI Registry.
Step 3: Appoint a Registered Agent
We act as your registered agent in the BVI, managing all legal filings.
Step 4: Prepare and Submit Documents
We prepare and submit all required incorporation documents, including the Memorandum and Articles of Association (M&AA).
Step 5: Appoint Directors and Shareholders
Once your documents are filed, your BVI company will be incorporated within 1-2 business days.
Step 6: Company Incorporation
Once your documents are filed, your BVI company will be incorporated within 1-2 business days.
Step 7: Bank Account Setup
We assist with opening a corporate or personal bank account in major hubs like Hong Kong or Singapore.
Step 8: Post-Incorporation Support
We provide ongoing compliance and reporting support, including guidance on Economic Substance regulations if applicable.
Most Common Singapore Business Types Using BVI Incorporation
- Singapore Trading Companies: BVI structures help Singapore trading companies optimize tax efficiency and streamline international operations.
- Investment Holding Companies: Singapore businesses use BVI entities to hold global investments with tax benefits and enhanced privacy.
- Family Office Structures: BVI companies offer Singapore family offices a secure, tax-efficient way to manage wealth and estate planning.
- Private Wealth Management Firms: BVI provides a flexible, low-cost solution for managing and preserving private wealth for Singapore firms.
- Property Investment Companies: Singapore property investors use BVI entities for efficient global real estate holdings and tax planning.
- IP Holdings & Licensing: BVI companies are ideal for holding and licensing intellectual property, benefiting from tax neutrality and confidentiality.
- Digital Asset Companies: BVI offers a stable and flexible environment for Singapore-based digital asset firms to operate globally.
- Maritime & Shipping Entities: Singapore maritime and shipping companies use BVI for asset protection, tax advantages, and streamlined vessel registrations.
BVI vs Singapore Comparison
- Corporate Structure Differences: BVI allows simpler corporate structures with fewer requirements, while Singapore mandates more formal governance and compliance structures.
- Compliance Requirements: BVI has fewer compliance obligations, whereas Singapore requires regular audits, financial statements, and stricter regulatory oversight.
- Cost Comparison: BVI generally offers lower setup and maintenance costs compared to Singapore, where higher compliance and operational costs apply.
- Privacy Levels: BVI offers higher privacy with no public disclosure of directors and shareholders, while Singapore has more transparency and reporting requirements.
- Reporting Obligations: Singapore requires more frequent and detailed reporting, while BVI entities have minimal reporting and filing obligations.
- Operational Flexibility: BVI offers greater flexibility for international operations with fewer restrictions, while Singapore has a more structured and regulated business environment.
What Do Our BVI Incorporation Services Include?
Our BVI incorporation services are comprehensive and designed to ensure a seamless setup of your company. Our services include:
- Provision of Registered Office and Registered Agent: We provide both a registered office and a registered agent in the BVI as required by law.
- Review of Company Information and Due Diligence Documents: Our team will carefully review your company’s information and ensure all due diligence documents are in compliance with BVI regulations.
- Certificate of Incorporation & Essential Corporate Documents: This includes the Certificate of Incorporation, Memorandum and Articles of Association, company registers, statutory record book, share certificates, company chops, common seal, and a complete company kit.
- Initial Document Preparation: We prepare and file all initial documents, including resolutions, Consent to Act, Register of Members and Directors, Source of Funds, Location of Records, and share certificates.
- Government and Registration Fees: Our service package includes the government incorporation fee, Financial Services Commission (FSC) fee for the registration of directors, the initial document filing fee, and the cost of the company kit set.
With this comprehensive package, we ensure that all aspects of your BVI company incorporation are taken care of, making the process as efficient and straightforward as possible.
Our BVI Services Fee
BVI Company Incorporation Services Fee
Tailor-made BVI company (English Name Only)
Other BVI Services: BVI Annual Ongoing Fees
Authorized shares 50,000 or below
| Service | Price/Year |
|---|---|
| Annual Registered Office and Registered Agent Service Fee | US$750 |
| Annual Economic Substance Reporting Fee | From US$350* |
| Annual Government Fee | US$550 |
| Annual Financial Return Maintenance | From US$350 |
| Total Annual Renewal Fee | From US$2,000 |
Authorized shares 50,000 or below
| Service | Price/Year |
|---|---|
| Annual Registered Office and Registered Agent Service Fee | US$750 |
| Annual Economic Substance Reporting Fee | From US$350* |
| Annual Government Fee | US$1,350 |
| Annual Financial Return Maintenance | From US$350 |
| Total Annual Renewal Fee | From US$2,800 |
Other BVI Services: BVI Transfer-In Services
Other BVI Services: BVI Certificates
| Service | Price |
|---|---|
| Certificate of Incumbency | US$320 |
| Certificate of Good Standing (e-copy) | US$350 |
BVI Company Incorporation Services Fee
Tailor-made BVI company (English Name Only)
Other BVI Services: BVI Annual Ongoing Fees
Authorized shares 50,000 or below
| Service | Price/Year |
|---|---|
| Annual Registered Office and Registered Agent Service Fee | SG$1,000 |
| Annual Economic Substance Reporting Fee | From SG$470* |
| Annual Government Fee | SG$730 |
| Annual Financial Return Maintenance | From SG$470 |
| Total Annual Renewal Fee | From SG$2,700 |
Authorized shares 50,000 or below
| Service | Price/Year |
|---|---|
| Annual Registered Office and Registered Agent Service Fee | SG$1,000 |
| Annual Economic Substance Reporting Fee | From SG$470* |
| Annual Government Fee | SG$1,800 |
| Annual Financial Return Maintenance | From SG$470 |
| Total Annual Renewal Fee | From SG$3,720 |
Other BVI Services: BVI Transfer-In Services
Other BVI Services: BVI Certificates
| Service | Price |
|---|---|
| Certificate of Incumbency | SG$430 |
| Certificate of Good Standing (e-copy) | SG$470 |
Time of Billing & Payment Methods
Once you confirm your engagement with FastLane Group, we will provide an invoice along with payment wiring instructions. To ensure smooth processing, please include our invoice or account number in the message section when making your payment. We also request that you email us a copy of the remittance receipt for our records.
Please note that we require full payment in advance due to the nature of our services. Unfortunately, once the services have started, we cannot issue any refunds.
If you have any questions about the billing process or payment options, please don’t hesitate to contact our team for assistance.
What Do You Need To Prepare For The BVI Incorporation?
To ensure a seamless incorporation process, please prepare the following documents:
1. For Individuals:
- A copy of your passport.
- Proof of address (e.g., utility bill) for all shareholders and directors.
2. For Corporate Shareholders:
- Corporate documents for each company shareholder.
3. Additional Requirement:
- A signed Offshore Company Incorporation Order Form.
FastLane Group is here to help! We offer assistance with document certification to ensure that all materials are properly prepared for submission. If you need further guidance, please feel free to reach out.
Contact UsFrequently Asked Questions (FAQ) About BVI Incorporation Services
How long does the BVI incorporation process take?
The entire process typically takes 1 to 2 business days for incorporation, plus an additional 3 to 4 days for delivery of the incorporation documents.
What documents do I need to provide for incorporation?
You will need to provide a copy of your passport and proof of address (such as a utility bill) for all shareholders and directors. If shareholders are companies, additional corporate documents will be required. A signed Offshore Company Incorporation Order Form is also necessary.
What are the minimum requirements to incorporate a BVI company?
A BVI company requires at least one director and one shareholder, and both roles can be filled by the same individual. There are no nationality or residency restrictions, and no minimum capital is required.
Do I need to visit the British Virgin Islands to form a company?
No, the entire process can be handled remotely. FastLane Group manages everything, so there’s no need to visit the BVI in person.
What is the Economic Substance Act?
The Economic Substance Act requires certain BVI companies, based on their business activities, to demonstrate adequate economic substance within the BVI. This is typically relevant for companies involved in banking, insurance, or fund management. FastLane helps assess whether your company is subject to these regulations and ensures compliance.
Are there any taxes for BVI companies?
BVI companies enjoy a zero-tax regime, meaning they are not subject to income taxes, capital gains taxes, or withholding taxes.
Can I register a company name in a language other than English?
Yes, BVI allows the registration of company names in other languages, including Mandarin Chinese, making it ideal for clients from China, Hong Kong, and Taiwan.
Can FastLane help with opening corporate bank accounts?
Yes, FastLane assists with opening corporate bank accounts in major financial hubs like Hong Kong and Singapore to ensure smooth financial operations for your BVI company.
What support does FastLane provide after incorporation?
FastLane offers ongoing support, including registered agent services, compliance assistance, and guidance on maintaining your BVI company. This includes ensuring adherence to annual filing requirements and Economic Substance regulations if applicable.
What payment methods does FastLane accept for BVI incorporation services?
We accept cash, SGD cheques, telegraphic transfers (TT), and credit card payments via PayPal (with a 5% handling fee for PayPal transactions).
Will my personal information be kept confidential?
Yes, the BVI has strict confidentiality laws that protect the identities of beneficial owners. Additionally, nominee directors and shareholders can provide further privacy.
What is included in the company kit?
The company kit typically includes a common seal, signature chop, and key documents such as the Certificate of Incorporation and Memorandum and Articles of Association.
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