Secretary of state british virgin islands

Request for information on BVI registered entities can be made by submitting a completed Search Request Form (R), which includes the instructions and applicable fees.

Virgin Islands Registered Agent

The number of shares issuable are limited to the principal and a maximum of five 5 participants who may hold one 1 share each, and which may only be issued in registered form. The Office of the Lieutenant Governor through the Division of Corporations and Trademarks serves as the registry for all corporate filing in the United States Virgin Islands.

It is also required to maintain at the office of its registered agent, the memorandum and articles of the company, the register of members, the register of directors and copies of all notices and documents filed by the company.

The company itself is required to keep records of its transactions, and of its financial position. Bizapedia's Virgin Islands Secretary of State Business Search offers direct access to the official state business registration database.

There are 5 types of companies that may be formed:. The charter of an MBC must include the name and nationality of the principal and any participants. BVIBCs have full capacity to carry on or undertake any business activity and may enter into any type of transaction.

Information and documents for BVI Business Companies, Limited Partnerships and Foreign Companies may be requested by the public, with payment of the requisite fees. Legal Persons The types of legal persons available are: BVI Business Companies BVI Business Companies (BVIBC) are formed under the BVI Business Companies Act, The Cabinet Secretary is the Head of the Cabinet Office, and is appointed in accordance with Section 92 (5) of the Virgin Islands Constitution Order, which states that power to make appointments to the office of Cabinet Secretary is vested in the Governor, acting in accordance with the advice of the Premier.

Virgin Islands Company and

BVIBCs are also empowered to issue and hold shares, including treasury shares and conduct financial transactions. There is also a restriction on the size of the MBC relative to the number of employees and its gross asset value, and annual turnover.

Each register is required to include:. Corporate Structures There are several types of legal persons and legal arrangements that can be formed in the Virgin Islands. The December enactment of the Financial Services Commission Act, established the British Virgin Islands Financial Services Commission as an autonomous regulatory authority responsible for the regulation, supervision and inspection of all financial services in and from within the BVI.

The Commission maintains this public list of regulated entities and other entities for the benefit of market participants and the public. The Intellectual Property Unit within the Registry of Corporate Affairs is responsible for administering all laws.

An MBC can have its primary place of business in, and conduct business from, any jurisdiction outside of the Territory. There are several types of legal persons and legal arrangements that can be formed in the Virgin Islands.

Virgin Islands Secretary of

Find any corporation or business entity in the Virgin Islands or the U.S. through the right Secretary of State online search. An MBC has an obligation to keep and maintain records and underlying documentation of the company at either its registered office in the Territory, or at its operational address being its primary place of business.

Limited partnerships may be formed under the Limited Partnership Act, A limited partnership is required to have a written limited partnership agreement that provides for the rights and obligations of the partners. These structures cater to small businesses, particularly start-ups that may find the requirements of incorporation under the BVIBCA overly onerous and cost-prohibitive.

With this tool, you can search for companies authorized to operate in Virgin Islands by entering a business name or a file number. The agreement may also provide for the affairs of the limited partnership and the conduct of its business and activities.

Search our library for financial services legislation, and guidance, the latest forms and industry and public alerts. The limited partnership is also required to keep financial records and any other underlying documentation of the limited partnership.

Corporations amp Trademarks United

In the Virgin Islands there is no distinction between a company established to operate in or from within the Territory. Once the form is submitted, the search. It is also acceptable for a foreign company to carry on business in the VI through the process of registration.

Shareholders are restricted to natural individual shareholders. The Registry of Corporate Affairs primarily administers the BVI Business Companies Act, and is responsible for ensuring that entities doing business in and from within the Territory are duly registered, and that the Register of Companies is properly maintained.

Company Searches British Virgin

A limited partnership must always maintain a registered office and registered agent within the VI. General partners are required to maintain at the registered office, a register of general partners and a register of limited partners, or a record of the address of where such registers are maintained.

The library also houses enforcement actions taken and published by the Commission. We Educate and Inform the general public and industry practitioners on matters relating to financial services business.