The British Virgin Islands (BVI) offers a flexible and investor-friendly environment for company formation, with straightforward eligibility criteria. To register a company in the BVI, at least one shareholder and one director are required, and they can be either individuals or corporate entities. There are no restrictions on nationality or residency, meaning foreign individuals and entities are fully eligible to form a company in the jurisdiction. The same person can also act as both shareholder and director.

Every BVI company must appoint a licensed registered agent based in the BVI, who typically also provides a local registered office address—both of which are mandatory under BVI law. A unique company name must be selected, following BVI naming rules and ending with a proper suffix such as “Limited,” “Corporation,” or “Incorporated.”

Additionally, beneficial owners and company principals must comply with Know Your Customer (KYC) and due diligence requirements. This includes submitting valid identification documents, proof of address, and a declaration of the source of funds. These measures ensure transparency and compliance with international financial regulations. Despite these requirements, it remains one of the most accessible and attractive jurisdictions for offshore company registration in BVI.