BRITISH VIRGIN ISLANDS BUSINESS COMPANIES
REGISTRATION PROCEDURES

Registration of Brand New British Virgin Islands (BVI) Company

Procedures for Registration of a Tailor-made Company in British Virgin Islands (BVI) through GT

Step 1
You confirm and engage GT to register an offshore company by either sending GT an email or fax. If so requested, GT will prepare and sign an engagement letter with you.

Step 2
You provide to GT either by fax or scan and email the following materials:
1 Proposed company name, either in English only or Chinese only or both;
2 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if any shareholder is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
3 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each director; if any director is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
4 Amounts of authorized share capital and issued capital, percentage of shareholdings if more than one shareholder.

Step 3
GT check the availability of the proposed company name. If available, GT proceed to registration; if not available, GT will go back to you for more company names and perform the availability search again.

Step 4
GT receive the Certificate of Incorporation from the Registrar of Companies.

Step 5
GT attend to the followings:
1. Printing Memorandum and Articles of Association
2. Prepare minutes of First Board Meeting
3. Prepare Application for Allotment of Share(s) for each shareholder
4. Prepare Consent to Act as Director for each director
5. Update Register of Members
6. Update Register of Directors
7. Prepare Share Certificate
8. Carve Common Seal and rubber chop

Step 6
GT arrange to deliver the above documents/materials (together known as Company Kit) to you.

Step 7
Upon receipt of the Company Kit, you sign the following documents:-
1. Application for allotment of shares
2. Minutes of First Board Meeting
3. Consent to Act as Director
4. Share Certificate
and then either fax or scan and email a copy of the duly signed documents as listed above to GT. Registration procedures completed.

Purchase of British Virgin Islands Readymade Company

Procedures for Purchase of a Readymade Company incorporated in British Virgin Islands from GT

Step 1
You confirm and engage GT to register your BVI company by either sending GT an email or fax. If so requested, GT will prepare and sign an engagement letter with you.

Step 2
GT email, fax or post the BVI Readymade Companies List (shelf company)to you and you select at least two names in priority preference and confirm with GT your selection.

At the same time, you provide to GT either by fax or scan and email the following materials:
1 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each shareholder; if any shareholder is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
2 One photocopy of passport (only the page showing the particulars of the holder) and residential address of each director; if any director is another corporation, please provide Certificate of Incorporation and Registered Office of that corporation;
3 Amounts of authorized share capital and issued capital, percentage of shareholdings if more than one shareholder.

Step 3
GT check the availability of the selected readymade companies. If available, GT proceed to registration; if not available, GT will go back to you for more company names and perform the availability search again.

Step 4
GT attend to the followings:
1. Printing Memorandum and Articles of Association
2. Prepare minutes of First Board Meeting
3. Prepare Application for Allotment of Share(s) for each shareholder
4. Prepare Consent to Act as Director for each director
5. Update Register of Members
6. Update Register of Directors
7. Prepare Share Certificate
8. Carve Common Seal and rubber chop

Step 5
GT arrange to deliver the above documents/materials (together known as Company Kit) to you.

Step 6
Upon receipt of the Company Kit, you sign the following documents:-
1. Application for allotment of shares
2. Minutes of First Board Meeting
3. Consent to Act as Director
4. Share Certificate
and then either fax or scan and email a copy of the duly signed documents as listed above to GT. Registration procedures completed.

See also:
Features of British Virgin Islands Business Company
British Virgin Islands Business Company Maintenance Guidelines
British Virgin Islands Business Company Internal Management Notes
British Virgin Islands Business Company Share Capital
BVI Business Company Incorporation Guideline Note

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