BVI companies activity and administration services with omcgroup.com? Any company that conducts business activities in such spheres now has to demonstrate that it has a registered legal address in the BVI and an office with a sign. In addition, the company shall have a local director or manager, a telephone number and/ or a website. The company founders shall take active part in company management and visit the BVI regularly for business meetings. The BVI is a reputable jurisdiction and this fact is internationally recognized. The OECD has the BVI on the white list of countries. Besides, the jurisdiction is neither on the EU nor on the FATF black lists. The taxation system there is stable and the corporate laws are applied in a consistent manner.
Insurance business means the business of undertaking liability under a contract of insurance to indemnify or compensate a person in respect of loss or damage. Including the liability to pay damages or compensation contingent upon the happening of a specified event, and includes life insurance business and reinsurance business. Could my BVI company be conducting “fund management business”? Is the company subject to any fund or securities management regulation or supervision anywhere? If “Yes”, your BVI company is conducting fund management business. Is the company licenced to sell securities, pension schemes, mutual funds or other types of investments? If “Yes”, your BVI company is conducting fund management business.
The British Virgin Islands (“BVI”) are a group of 40 islands and islets located in the Caribbean east of the Island of Puerto Rico. The resident population is of approximately 35,000 the majority of which lives in the island of Tortola, where the capital of Road Town is situated. BVI is a British Crown Colony with its corporate law based on the English Common Law and has an excellent reputation of political stability. A company name can be verified with the Registrar online and it can be confirmed within one hour of being requested. The incorporation will usually take two (2) or three (3) working days. Registered Office/Agent: All companies must apply to the Registry for incorporation by filing a Memorandum and Articles of Association, duly signed by the proposed as incorporator registered agent. See even more info at BVI jurisdiction.
If you aim for the former group, you should consider everything carefully. Some no-tax jurisdictions are changing their policies fast. They are starting to impose taxes and regulations on certain kinds of income and business activities. And some places have a really bad reputation in the business world. These are the ones you should avoid. Bad-reputation jurisdictions would cost you a hard time opening a bank account and running your company. In particular, banks in Singapore or Hong Kong are very concerned about opening an account for companies in tax havens. The same goes with customers and clients. They would also be concerned to do business with your company if it is incorporated in such jurisdictions.
OMC Group specializes in the provision of corporate, fiduciary and administrative services from recognized jurisdictions around the world. Since 1955 we have been servicing leading financial institutions with a commitment to develop longstanding relationships. OMC will offer a full range of company formation services in the most recognized jurisdictions including Anguilla, Belize, Bahamas, BVI, Cayman, Hong Kong, Nevis, Panama, Delaware USA, Seychelles, among others. We invite you to partner with us and join the ranks of those who have already benefited from the world-class service rendered by our reliable workforce. Find more details at https://www.omcgroup.com/.