Is there any other compliance rule for BVI company?

Basically, except for the annual renewal of the BVI company, the company is not required to submit any other form of annual return or financial statements to the BVI government, thus, this has greatly increase the simplicity of managing a BVI company.

Related FAQs

1. When should arrange for the annual renewal of BVI company after it is incorporated?
2. What are the annual renewal fees?
3. Does the company have to file accounts or a financial statement?
4. Is the company taxed on profit?
5. Does the company have to maintain books and records in the BVI?
6. What happens if I don't pay the annual renewal fees?
7. Does BVI company need to file Register of Directors?
8. British Virgin Islands (BVI) Offshore Company Formation - How it works?
9. Does BVI Company need Registered Office and Registered Agent?
10. What is BVI FSC’S roles?
11. Do I need to comply with all regulations of FSC when opening BVI company?
12. What is penalty fee If I fail to pay renewal fee in due course?

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