Specialist in British Virgin Islands (BVI) Company Formations
We provide BVI offshore company formations and related services to clients worldwide. We are specialist in tax exempt BVI Companies. All aspects of the incorporation and post incorporation process can be completed on-line and via email. Professional personnel are available to help you on-line and off-line.
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Offshore Company Land NewsLetters?


Can I use my BVI offshore company as a bank?
Staff writer:
Sept. 2012

No. You cannot use your BVI offshore company as a bank.

There is also a host of other business activities you cannot use your BVI company for, unless you are licensed to provide those services by the BVI Government. 

Several business activities require approval by the BVI Government and authorization for these activities are Not automatically granted by virtue of being incorporated in the BVI. Some of the restricted business activities are listed below:

banking business, trust business, business as an insurance or reinsurance company, insurance agent or insurance broker, business as a mutual fund, manager of mutual funds or administrator of mutual funds.        

If you have any questions about the above, send us an email.