PROFIT LUCK BUSINESS CONSULTANCY LIMITED

Oversea Company Formation
(British Virgin Island-BVI)

Advantage of BVI Company:

i.	Tax and filing procedure is not required
ii.	Only ONE shareholder and director is required
iii.	Corporate shareholder and director is allowed
iv.	Minimum share capital subscribed is US$1.00.
v.	Preparation of Financial Statements or appointment of Auditors are not mandatory required.
vi.	Totally exempted from BVI income tax and stamp duties (if no business in BVI).

Formation Requirement:

i.	Minimum ONE shareholder and ONE director. ( They can be the same person and corporation)
ii.	The minimum subscribed share capital shall be US$ only.
iii.	Registered address in BVI
iv.	Registered Agent in BVI
v.	Correspondence address in Hong Kong

Procedures (Tailor-Made Company)

i.	The client should fill in and submit to us the Application Form for the details of company name, shareholder(s), director(s), and registered agent.
ii.	After we confirm that the company name can be used, we will send the documents to you by email.
iii.	The client will sign the documents and then return back to use for processing (usually by fax or email followed by email)
iv.	Upon receiving the Payment, the documents will be processed.
v.	Normally the process will be completed and the certificate of Incorporation will be available in 8 to 10 working days. We will send the client a copy of the Certificate of Incorporation by email and the company can start its business operations.

Procedures (Ready-Made Company)

i.	The client should select a name from the Ready-Made Company List.
ii.	The client should fill in and submit to us the Application Form for the details of company name, shareholder(s), director(s), and registered agent.
iii.	After we confirm that the company name can be used, we will send the documents to you by email.
iv.	The client will sign the documents and then return back to us for processing (usually by fax or email followed by mail)
v.	Upon receiving the Payment, the documents will be processed.
vi.	Normally the process will be completed in 2 to 3 working days. We will send the client a copy of the Certificate of Incorporation by email and the company can start its business operations.

Information required for the formation of an
Overseas Company (BVI)

i.	For Tailor made company, A name you design, in English. For Ready made company, Select a company from the Shelf Company List
ii.	Detail of Shareholder(s) including: Copy of Valid Passport; Residential Address and address proof (i.e. bill of electricity or water, bank statement); and Number of shares to be taken.
iii.	Detail of Director(s) including: Copy of Valid Passport;and Residential Address and address proof (i.e. bill of electricity or water, bank statement).
iv.	Detail of Registered Agent including: Copy of Valid Passport (or Certificate of Incorporation for a corporation); and Residential Address (or Registered Office Address for a corporation) and address proof (i.e. bill of electricity or water, bank statement). We strongly recommend that we are appointed as Registered Agent for ensuring the company complies with all Regulations and Rules.
v.	Corresponding address

Maintenance requirements:

Renewal of License in BVI and payment of BVI Government fee annually. We will remind our client to assist and ensure that the renewal is done before the deadline.

Fees:
Please refer Fee Schedule to get more detail information.