General information : 

Advantages of BVI Companies:

1.   Highly confidential, unnecessary to disclose anything about directors and shareholders to the public;

2.   No need to submit books and accounts every year; 

3.   No taxation responsibility if a company does not have any business in BVI or Hong Kong; 

4.   No need to get Business Registration Certificate when open bank account(s) in Hong Kong; 

5.   Accept one director and one shareholder and there are no residency requirements; 

6.   Companies Ordinance is based on the British Common Law. There is political stability and the status of the companies is widely accepted by experts;

7.   May issue either registered or bearer shares;

8.   No need to submit annual return or accounts and hold annual general meetings;

9.   Optional to appoint company secretary and there is no restriction of nationality; 

10. No minimum required capital;

11. Can become a legal entity to hold the trade mark, estates and other assets; and

12. No need to declare the change of director(s), easy to transfer shares and free for stamp duty.