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Fill in the business scope of the registered BVI company
2022-02-16

When registering BVI companies, you need to fill in the business scope or business scope, but why do most investors who register BVI companies fill in the business scope as "trade"?

1. The advantage of registering a BVI company is that its business scope is generally unlimited.

2. When a registered agent company registers a BVI company, the column of its business scope is generally written "trade".


"Trade" means any trade can be engaged in, such as finance and investment, medical care, shipping and transportation, import and export trade, real estate, construction, decoration, information network, clothing and textile, tourism, culture and publishing, etc.

3. 28 characters (including punctuation marks) are allowed in the column of business scope. Therefore, in addition to trade, some descriptions with their own business types can be added, such as clothing, textile, shipping and transportation.


Therefore, most customers who register BVI companies default to "trade".


Business scope of BVI company

1、 Precautions for business scope of registered BVI company

2. Do not engage in trust, banking, insurance, military or other similar intermediary business

3. It is not allowed to act as the agent of other companies locally and provide the registered address of BVI

4. Do not engage in illegal and criminal activities


Registered BVI company

2、 Process of registering BVI company

1. Name provided by the customer → 2. Sign the company registration agreement → 3 Making official application materials of the company (letter of appointment of the first director, letter of appointment of the first director and letter of appointment of the first director) → submitting documents and paying government fees → obtaining the company registration license → printing and making a full set of materials of the company (print the memorandum and articles of association, order the metal seal, order the offset printing engraved with the company's name and words on behalf of the company, order the legal record book, and issue shares to the share subscribers) → deliver the complete set of materials for the company's registration to the address designated by the customer


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