Incorporation

Register your BVI Company with Skala

A BVI Limited Company from $5,500, incorporated in about two weeks. The fee covers government and KYC/AML fees, the first year of the registered agent and registered office address, and your post-incorporation documents.
600+ teams incorporated with Skala
600+ teams incorporated with Skala

Popular Use Cases

Discover real-life applications of our BVI company formation service for effective global market entry.

Trading Companies

Register company to capitalize on tax-neutral status and privacy, enhancing your competitive edge in digital asset markets.

Web3

Form your Web3 business to exploit blockchain-friendly legislation, facilitating innovative decentralized applications.

GameDev Studios

Establish your game development studio to benefit from robust IP protection and favorable corporate conditions.

Token Issuers

Flexible regulatory frameworks designed to support blockchain-based fundraising and token distributions.
Start Your Registration

BVI Taxation

The taxes and filings that apply to a BVI company.

Corporate Income Tax
None for foreign-sourced income
Capital Gains Tax
None
Withholding Tax
None on dividends, interest, royalties, or other payments to foreign shareholders
Sales Tax/VAT
None
Reporting and Filing
Minimal, no annual tax return or financial statement filing required

Skala does not provide tax, legal, or accounting advice. This table has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal, or accounting advice. You should consult your own tax, legal, and accounting advisors.

How Long Does It Take?

Three steps from your questionnaire to corporate documents on the dashboard.

Onboarding
Fill out the questionnaire with the company details: name, contact details, management, etc.
Day 1
KYC & Company Incorporation
We'll file the KYC documents and company application to the BVI Company Registry.
Day 2
Corporate Documents
We'll upload corporate documents to the company dashboard.
Day 14

Register Your BVI Company

What the incorporation fee covers and what to expect after the first year.

BVI Limited Company Incorporation
From $5,500 / Company
Start Your Registration
Included in the package
Government Fees
KYC/AML Compliance Fee
1-year Registered Agent Fee
1-year Registered Office Address
Post-Incorporation Documents

Annual Maintenance

What it costs to keep a BVI company running after the first year. Costs may vary depending on your particular business operations.

Every year
Registered Office Address
$479 / Yr
Registered Agent
$980 / Yr
Compliance Fee
$490 / Yr
Economic Substance Annual Declaration
$449 / Yr
Annual Return
$349 / Yr
Company Renewal Fee
$500 / Yr
Government Fee
from $550 / Yr
Add Your Company to Skala

What Our Founders Say

Legal tasks were always a distraction and something we'd put off until they became urgent. Now with Skala, everything runs seamlessly in the background, so we can focus on what actually matters.

Sergey Anosov
Co-Founder & CEO

Choosing the right jurisdiction for a startup is still a challenge. Skala provides much-needed clarity in this process.

Balaji S. Srinivasan
Investor in Skala

We used Skala for our seed fundraising and had a great experience. The platform offers a variety of fundraising instruments and provides flexibility in structuring investment rounds.

Evgeny Yurtaev
Co-Founder & CEO

Skala is building the much-needed legal infrastructure for the crypto economy. We use their platform to manage our entities and access experienced crypto lawyers.

Pavel Altukhov
Founder & CEO

FAQ

What documents are required to set up a BVI company?

To set up a BVI company, you'll need to provide the following documents for every shareholder and director of the company:

  • a certified passport copy
  • a certified copy of the second ID (e.g., drivers license or residence permit)
  • a certified copy of the document confirming the residential address (utility bill, bank statement, or rental agreement) issued not later than 90 days prior to the company incorporation date
  • proof of source of income (e.g., services agreement or employment contract)
  • professional reference letter from a lawyer or accountant
  • most recent CV
Do I need a local director in the BVI?

No, a local director is not required in the BVI.

Do I need to have a physical office in the BVI?

No, you do not need a physical office in the BVI to incorporate a company. BVI companies can operate without a physical presence, as long as they have a registered agent and a registered office address in the BVI.

Is information about the BVI companies and their owners private?

Information about BVI companies and their owners is generally not public. Beneficial ownership is not published in a public register, though certain disclosures may be required under international regulations like anti-money laundering laws.

What are the annual maintenance costs?

The annual maintenance costs may vary depending on your particular business operations. The usual annual cost breakdown covers the registered office address, the registered agent, a compliance fee, the economic substance annual declaration, the annual return, a company renewal fee and a government fee. Every amount is listed under Annual Maintenance.

Start Your BVI Registration

Fill out the questionnaire, and we file the company with the BVI Company Registry.