BVI Professional Fund Formation (BVI Mutual Fund)
BVI recognised Mutual Fund (Private & Professional Mutual Fund)
Included disbursements:
Ӽ FSC Mutual Fund Application Fee: $700
Ӽ FSC Mutual Fund Recognition Fee: $1,000 ($500 after July in any year)
Ӽ BVI Company Licence Fee: $350
Ӽ Authorised BVI Mutual Fund Agent Fee: $500 (upon appointment and annually thereafter)
Ӽ Registered Agent/Office: $700 (upon incorporation and annually thereafter)
Ӽ Communication/Courier/Company Seal costs: $275
Our basic BVI recognised fund package includes:
Ӽ name check
Ӽ preparation of the company memorandum of association
Ӽ preparation of the company articles of association
Ӽ preparation of company registration forms
Ӽ filing with the BVI registrar of companies
Ӽ certificate of incorporation
Ӽ share certificates
Ӽ minutes of the first board meetings
Ӽ register of directors
Ӽ register of members
Ӽ company seal
Ӽ re-draft, filing and certifying memorandum & articles of association for the fund formation
Ӽ preparation of offering documents and fund agreements
Ӽ preparation of investment fund application for recognition and licensing with BVI FSC
Ӽ filing the fund application with the BVI FSC
Ӽ certifying documents for the FSC
Ӽ payment of first year BVI Registered Agent/Office (annual)
Ӽ payment of first year Authorised BVI Mutual Fund Agent Fee (annual)
Ӽ payment of first year BVI Business Company Licence Fee (annual)
Ӽ payment of first year FSC Mutual Fund Recognition Fee (annual)
Ӽ courier service (1 time)
Annual fees: (Total $2,550)
Ӽ Authorised BVI Mutual Fund Agent Fee: $500
Ӽ Registered Agent/Office for a mutual fund: $700
Ӽ BVI Business Company Licence Fee: $350
Ӽ FSC Mutual Fund Recognition Fee: $1,000
Payment Policy
A retainer equal to 50% of the total fee is required up-front with the balance due upon presentation of the first draft of the fund documents. Payments can be made in U.S. Dollars ($) or Euros (€). Our preferred form of payment is bank wire transfer, banking details will be provided on request. Once payment has been received in full the client questionnaire will be sent via email.