BVI Formation

What we need from you

Three documents, for every person connected to the company. We ask for them by email once your application is paid for, but this is the part of a formation that takes the longest, so it is worth gathering them first. What is required differs depending on whether a party is a person or a company; where a corporate shareholder sits in the structure, you will need both.

3

Documents per person

Passport, proof of address, CV. One set each.

3 months

How recent they must be

Anything certified or dated earlier has to be redone.

1 day

To review your file

If something is missing you get the whole list at once.

1

Notarised copy of passport

A scan of the photograph page, notarised as a true copy of the original and as a true likeness of the holder.

Notarised within 3 months 6+ months before expiry Colour scan

What we accept

  • The full page in frame: photograph, passport number, both machine-readable lines, all four corners
  • Colour, at a resolution where the number and the dates are unambiguous
  • The signature page as well, where it is separate from the photograph page
  • Dual nationals: the passport you travel on. We may ask for the second

What we cannot accept

  • A notarisation older than three months, which has to be redone
  • A national identity card in place of a passport
  • A plain scan, however clear, with no certifier’s wording
  • A cropped or corner-clipped image
2

Notarised proof of address

A notarised copy of a document in the individual’s own name showing their physical residential address.

Dated within 3 months In English Must differ from the ID document

What we accept

  • A bank reference letter or statement, and the most recent one issued
  • A utility bill: electricity, water, gas, internet or a landline
  • A driving licence showing the address
  • Any other official document from a government body or a financial institution
  • A document in another language, with a certified translation attached

What we cannot accept

  • A PO box. It is not a residential address
  • A care-of address, or a registered office
  • The same document already supplied for identity
  • A mobile phone bill, or anything without the full name on it

Living with a partner or family and holding nothing in your own name? Tell us before you gather anything, and we will agree an alternative rather than have you commission a notarisation we cannot use.

3

Curriculum vitae

A current CV or professional résumé, signed and dated. It supports the source-of-funds and activity declarations rather than repeating them.

Signed and dated No notarisation needed

What it must cover

  • Education and professional qualifications, with institutions and dates
  • Employment history in date order, with no unexplained gaps
  • Current occupation, employer and role

And

  • How the individual’s wealth was generated, in enough detail to be checked
  • Directorships, shareholdings and other interests in companies elsewhere
  • A signature and a date at the end

We may also ask for a bank or professional reference, or documentary evidence of the source of funds, such as a sale agreement, a dividend statement, an inheritance or probate document, where the declared activity, the amounts involved or the jurisdictions concerned make it appropriate. If so, we will ask once, with everything listed together.

Who this covers, whichever route applies. Every director, every shareholder or member, and every ultimate beneficial owner. If one person or entity holds several of those roles, one set of documents covers them.

What "certified" means

A notary or approved certifier confirms in writing that they have seen the original and that the copy is a true likeness of it. We cannot accept a plain scan, however clear.

Who can certify

A notary public, lawyer, chartered or certified accountant, serving police officer, embassy or consular official, or a regulated bank officer. The certifier must be independent of you.

What the wording must say

That the copy is a true copy of the original, and, on the passport, that the photograph is a true likeness of the person. Plus the certifier's name, position, firm, address, contact details, signature and date.

Language

Documents in a language other than English need a certified translation. We can arrange one; tell us early, because it adds days rather than hours.

How due diligence fits the formation

1

You complete the application and pay

Nine schedules covering the company, its capital and its people, then any additional services, then checkout. No documents are needed at this stage.

2

We email you

Within one working day of payment we write to the address on your application, listing exactly which documents we need for each person named on it.

3

You reply with the documents

Attach them to your reply. Everything from here runs through that one email thread. There is no portal to register for and no password to keep.

4

We review

Usually one working day. If anything is missing or will not be accepted, we come back once, in a single list, rather than in a drip of separate emails.

5

We file

Only once the file is clean. This is the point at which the Government fee is paid to the Registry.

Refund guarantee

If we cannot proceed with your order because our compliance checks cannot be satisfied, we refund every fee you have paid us. In full.

We can promise this because of the order of operations: we complete due diligence before we file, so the Government fee has not yet been paid to the Registry and there is nothing sunk to deduct.

What this covers. Any case where we decline to act, or cannot complete verification, after you have paid: a document we cannot accept, a check we cannot clear, a jurisdiction or activity we are not able to service.

What it does not cover. A change of mind after the company has been incorporated, or fees already paid to the Registry on a completed filing. Once the certificate exists, the Government fee is spent.

Refunds are made to the original payment method, normally within five working days of us telling you we cannot proceed.

Check a name Form a company