Specialist in British Virgin Islands (BVI) Offshore Company Incorporations
Fixed Annual Renewal Fee for a BVI Offshore Company
The annual renewal fee for a BVI offshore company is fixed. It does not matter what the profits or losses for the offshore company is. The annual renewal fee does not vary according to the financial activity of the BVI offshore company. The annual renewal fee of the offshore company is mainly based on the maximum number of shares the BVI company is authorized to issue within its Memorandum and Articles of Association.
BVI offshore companies with 50,000 authorized shares or less pay a BVI Government Renewal Fee of US$ 450 per year. Offshore companies with more than 50,000 authorized shares pay a BVI Government Renewal Fee of US$ 1,200 per year.