A virtual office in the BVI can be a useful service for many who open a company in the BVI. Our team can provide access to virtual office providers as required.
| Quick Facts | |
|---|---|
| Best used for | Offshore companies, start-ups, small and medium businesses that are not location-dependent |
Advantages of a virtual office in BVI | A wide range of packages, the address of the virtual office in BVI can be used for incorporation purposes |
Registered address option | Yes |
| Location | Central and modern buildings in Road Town, Tortola, British Virgin Islands |
| Coworking spaces | Yes |
| Individual offices | Yes |
| Meeting rooms | Yes |
| Connectivity | High-speed Wi-Fi |
| Facilities in BVI | Mail and call forwarding, access to office and meeting room space, local phone number upon request as well as other optional subscriptions |
| Secretary services | Upon request, usually with premium packages |
| Local business telephone in BVI | Upon request |
| Rent duration | Monthly, biannual or annual contracts in most cases |
| Special packages/plans | Available upon request for additional office space, preferential access to meeting room space, dedicated secretary services and more |
| Approximate costs | Can start at $105 per month for basic packages |
| Change from traditional office to virtual office in BVI | Yes, aided by our experts in BVI |
Table of Contents
What is the virtual office?
The virtual office is a physical address that can be acquired via a package from a provider, the business thus acquiring an address and a manner of running its activities in a flexible manner.
Are there any special conditions on using a BVI virtual office?
No special conditions apply. However, this service is more suitable for remote-first companies. Manufacturing businesses will also require a location that will provide the needed equipment for their operations.
What companies can benefit from having a virtual office in the BVI?
This type of presence in the British Virgin Islands can be used by those who open an International Business Company that engages in international trading and offers international consulting services, but it is compatible with virtually any offshore activity undertaken in this jurisdiction.
Small and large businesses alike can use a virtual office, with the caveat that the latter may do so as an initial stage during their expansion, before they settle their operations in the British Virgin Islands.
A virtual office in the BVI can be used both by companies interested in expanding their operations (such as growing the number of their employees and thus requiring extra coworking space) and those looking to downsize and move into a new office location that is more suitable to their current business plan.
Must the office be based in the BVI?
A registered address based in this location is required to open a company in the British Virgin Islands. The virtual office can be used as the registered office or in addition to it.
What are the main advantages of the virtual office for investors in the BVI?
Our team highlights the following general benefits:
- A prestigious business address: virtual offices are located in modern office buildings and their address is used as the company’s physical address (meaning that it can be included in their contact information);
- Remote-first focus: businesses that have embraced the full-remote or hybrid work model can benefit from only paying for office space as required, not on an ongoing basis;
- Access to office space as needed: as stated, access to coworking spaces or individual offices can be booked as required, and any extra features or access can be managed accordingly (such as access to meeting rooms only when required);
- Complete, on-demand facilities: virtual office plans can be tailored to meet specific requirements, such as access to individual private offices only when needed, or access to large team offices if the team gets together. Secretary services, local phone number, or other solutions can be provided upon request.
Depending on the company’s industry, the use of a virtual office in the BVI can even provide a competitive advantage by way of reducing overhead costs and allowing the business to better focus its funds.
What are some examples of a virtual office package in the BVI?
A basic virtual office package in the BVI will typically include the following:
- A local business address: this is mandatory because it is needed to register an offshore company; it will also serve as the correspondence address.
- Mail and e-mail collection and forwarding: upon request, the business owners can have an agent receive their mail on their behalf and then forward it as directed.
- Document mailing and re-mailing: an agent can also handle the process of mailing certain documents and re-mailing when needed.
- Call handling services: a secretary can answer the calls and the business will have its separate line and local telephone number that can also be used when offering the business details, for example, on business cards, for formal emails, and other correspondence.
- Call forwarding to a telephone number of choice: this is a useful feature as the calls received at the local telephone number in the British Virgin Islands can be redirected to a chosen number; this way, the business owners will not lose important calls even if they are not present at the virtual office location at all times.
We invite you to watch a short video about the BVI virtual office:
How much does a virtual office service cost?
Prices vary according to the chosen package and features. A one-year standard package can start at around USD 300 and it includes minimal features, such as the company address and mail receipt, plus call and mail forwarding (available from most providers).
Please contact our BVI company formation agents for information about our fees for virtual office services.
If you are interested in setting up a company in Singapore, we can put you in contact with our partners – OpenCompanySingapore.com.
We can recommend our partners from BridgeWest Panama, in case you want to open offshore companies in multiple locations, including Panama. Their team of experts in company formation matters in Panama will handle the entire incorporation procedure.