British Virgin Islands

A BVI business company is incorporated only through a licensed registered agent, for US$550 (up to 50,000 shares). It files an annual financial return with its agent, an economic substance declaration and beneficial ownership information.

The figures below come from the registry, tax authority and statutes linked under Sources, as they stood on 30 September 2026. Fees and thresholds change, so check the linked official page before you file. This is general information, not tax or legal advice for your situation.

Questions

How much does it cost to register a company in the British Virgin Islands?

Incorporation fee US$550 for a company authorised to issue no more than 50,000 shares, and US$1,350 above 50,000 shares (BC Act Schedule 1, as amended by the BVI Business Companies (Amendment of Schedule 1) (No. 2) Order 2022, in force 1 January 2023). The annual fee is the same: US$550 or US$1,350. Filing is electronic via the Registry’s VIRRGIN system, and only a registered agent can file.

What is the corporate tax rate in the British Virgin Islands?

The Inland Revenue Department issues Certificates of Tax Exemption to business companies that qualify for exemption from taxes. Payroll tax applies to employment in the BVI.

Can a non-resident set up a company in the British Virgin Islands?

The Act and the FSC say an application to incorporate may be filed only by the proposed registered agent. Only licensed trust and corporate service providers categorised as registered agents may form BVI companies, so founders instruct an agent rather than filing themselves. No personal visit is stated.

Annual deadlines for this and other jurisdictions are in the company filing deadlines calendar. Read next: Seychelles, BVI and Belize: owning an offshore company.