Open an account in the British Virgin Islands (BVI)

Crystal Tax Company offers highly qualified consulting and legal services for opening accounts in foreign banks located in the British Virgin Islands.

The British financial system is reliable and the oldest in the world. By opening an account in the BVI, you become a direct participant and receive taxation at a zero rate. The economy of the British Virgin Islands is almost entirely dependent on tourism and offshore companies. It is built in such a way that it gives maximum freedom. 

Despite the fact that foreign companies do not pay income taxes, starting from 2024, filing an annual report will be required. And banks want to deal only with those companies that conduct their activities in accordance with accepted laws. There are no foreign exchange controls, so despite the fact that offshore companies have begun to cut off oxygen, the BVI is still attractive for opening bank accounts and for doing business. 

Before you decide to open an account and create an offshore company, it is better to get advice from specialists. You will be offered several optimal options to choose from. 

We cooperate with individuals and legal entities, offering comprehensive, professional legal support for business — from registering a company to opening accounts abroad. 

Our lawyers will translate documents as quickly as possible and notarize them, which will allow you to avoid unnecessary waste of time and money.

If you would like to open an account in the BVI, please read some of the features of this procedure

The period for opening an account in a foreign bank in the BVI depends on the type of account and can vary from 7 to 10 working days. Since financial transactions are carried out in dollars, there is no need for conversion. 

Customers should note that the specified time does not include the duration of sending documents. Insignificant delays of several days are possible, which is stipulated in the agreement on our cooperation.

We are constantly in touch, so you will be aware of how the account opening process is progressing. We will make it as fast and comfortable as possible for both individuals and legal entities. 

List of documents required to open an account in the British Virgin Islands

If you do not know how to open an account in a bank located in the British Virgin Islands, please contact our company. For citizens of Ukraine we have optimal, profitable and affordable solutions. You set a task, and we carry it out “turnkey”.

For individuals, it is enough to present a copy of their passport. For companies that want to open a bank account in the British Virgin Islands, you must provide:

• certificate from the Unified Register;
• charter;
• information about the founders, directors with samples of their signatures;
• ID document of the applicant;
• other documents upon individual request from the bank.

Banks treat companies that are engaged in tourism, holding, and trading activities best. 

List of Crystal Tax company services

Our employees have excellent knowledge of international banking law, all aspects of tax planning, company registration, including offshore companies abroad, which allows us to provide clients with a full range of services.

We offer our clients:

• Legal advice on all issues of conducting business activities abroad.
• Help in choosing the best bank in the British Virgin Islands.
• Collection of necessary documents (translation, apostille).
• Assistance in preparing financial and tax reporting.
• Consultations on taxation issues and many others. etc.

Key benefits

Crystal Tax — a team of highly qualified specialists with many years of successful experience in the field of international law. They trust us because we guarantee:

• high professionalism and individual approach;
• full range of services;
• turnkey implementation of the assigned task
• privacy;
• loyal prices.

If you want to open an account at the Bank of the British Virgin Islands, please contact us. Opening an account in a foreign bank will take place in the shortest possible time, and you will avoid paperwork and waste of time.