The British Virgin Islands Company offers an excellent value option for an offshore company, with no corporate taxation levied. It can be utilized for holding investments, property holding and international trade and just one director and one shareholder are necessary, with no public filing of directors or shareholders required. Plus, it’s possible for board meetings to take place at a distance using teleconferencing. It takes just two days to establish a new company that is not required to file accounts or returns, although Bearer Shares are only allowed under some circumstances by the British Virgin Islands.
