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Annual Maintenance

Article Source:Youxinda Business Popularity:6738 Published time:2014-12-12 11:45:12


Generally, the only duty is to maintain annual BVI government licence.

Annual Renewal

BVI Company
  •  Hong Kong Correspondence Address Parking
  •  for standard 50,000 shares
 

For You Business company will send reminder to clients and help to arrange the renewal matter.


Company anniversary date between

License renewal due date

For You Business Reminder

January to June (1st half)

April - 15th

March - 1st

July to December (2nd half)

October - 15th

September - 1st

Penalty case example

Company anniversary date between

BVI Government Penalty

Renew Fee + Penalty

1st half

April - 16th to June - 15th

USD 35

USD 865

June - 16th to October - 14th

USD 175

USD 1,005

November - 1st

company struck off

-

2nd half

October - 16th to December - 15th

USD 35

USD 865

December - 16th to April - 14th

USD 175

USD 1,005

May - 1st

company struck off

-


As long as the BVI company is not carrying on business in Hong Kong, there is no duty of reporting or registration to Hong Kong government departments.


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