If your kid is under 18 years old, then the answer is
no. The minimum age to act as director or shareholder of a BVI company is
eighteen years old. We like to give our children all that we can so it is no
surprise that we would want them to have an ownership interest.
There are other indirect ways to achieve this goal until they can take ownership
themselves. Some options are a Will, a Trust or a Nominee Shareholder.
However, we are not a supporter of getting individuals in their teen years
involved in an offshore company they may not fully understand. It is different
if they are starting a new business or trying a business opportunity. They will
enjoy the success or endure the failure of their
If you have any questions about the above, send us an email.