Requirements:

• All BVI companies should have a registered office and a registered agent in BVI.

• There is no obligation to maintain statutory books in BVI.

• Shelf companies are available. Incorporations can be completed within 48 hours.

• There is no requirement to disclose any director or beneficial ownership details with the BVI authorities.

• One Director is required. This can be a corporation and need not be resident in BVI.

• One Shareholder is required.

• There is no requirement for a Company Secretary.

• There is no requirement to file annual accounts. The only annual requirement is the annual license fee, payable as follows:

• Companies incorporated in the first half of any given year will be obliged to pay government fees by May each year;

• Companies incorporated in the second half of any given year will be obliged to pay government fees by November each year.