Your BVI offshore company's renewal time depends on the
date of incorporation of the company.
Companies incorporated in the first six months (January to June) of the year are
due for renewal in MAY of the following years.
Companies incorporated in the second six months (July to December) of the year
are due for renewal in NOVEMBER of the following years.
The renewal fee invoice will be sent out to you before the due date. If payment
is made after the BVI Companies Registry due date, then government late payment
penalties would apply. The late payment fee varies depending on the length of
time the payment has been overdue.
Your annual renewal invoice would also include any optional services you decided
to use with your offshore company. This would be a good time to decide if you
wanted to continue those services or discontinue
If you have any questions about the above, send us an email.