Micro Business Company formation costs in British Virgin Islands
Government filing from $100 · annual maintenance from $100
Last verified: June 13, 2026
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Cost summary
State Filing
$100
one-time
Mandatory Annual Fee
$100
per year
First-Year Total
$1,200
incl. required services
Annual Ongoing
$1,050
from year 2
Cost Breakdown
Detailed breakdown of formation and ongoing costs
| Item | Type | Amount |
|---|---|---|
| State filing fee | Annual | $100 |
| Registered Agent & Office Fee | Annual | $800 |
| Economic Substance Self-Classification Fee | Annual | $150 |
| Compliance / KYC onboarding | One-time | $150 |
| First year total | $1,200 | |
| Annual ongoing | $1,050 | |
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Micro Business Company cost FAQ
How much does it cost to form a Micro Business Company?
The government filing fee starts at $100. Including required services, expect a first-year total of about $1,200.
What are the annual costs of a Micro Business Company?
The mandatory state/annual fee starts at $100. With recurring services like a registered agent, total ongoing costs are about $1,050 per year.
How long does Micro Business Company formation take?
Standard processing takes 2-3 business days. Expedited processing (1 business day for an extra $150) is available.
Is a registered address required in British Virgin Islands?
Yes. Typical cost: $500 - $1,000/year (typically bundled with Registered Agent fees). Virtual offices are allowed.
Is there a minimum capital requirement for a Micro Business Company?
No, there is no minimum capital requirement. There is no minimum capital requirement for a BVI Micro Business Company.
Can I form a Micro Business Company remotely?
Yes, no local director is required. No local director is required. The MBC is managed by a 'principal' who must be one of the shareholders (maximum 6 shareholders allowed).
Related pages
Complete Micro Business Company formation guide
Taxes, requirements, banking, and step-by-step setup
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