Professional & Efficient Incorporation and Trust Services
We have over twenty years’ experience in establishing corporations in the British Virgin Islands efficiently and in providing first rate trust services. We will work with you and your professional advisors to achieve your individual goals.
COVERDALE TRUST SERVICES LIMITED is one of the BVI’s leading full service trust companies. Coverdale holds a Class 1 Trust License and has been licensed in the British Virgin Islands for over 20 years. Coverdale is licensed under the BVI Banks and Trust Companies Act 1990, to carry on Trust business and act as Registered Agent for companies incorporated in the BVI.
Our shareholders include two prominent Caribbean law firms: O’Neal Webster and Myers Fletcher and Gordon, both members of the prestigious Lex Mundi group of law firms.
The BVI offers political and economic stability, being a British Dependent Territory. The BVI provides a favourable environment for fast and efficient registration of companies and efficient regulation of trust companies due to a favourably structured administrative system. The Territory's official currency is the United States Dollar, having no exchange controls.
The BVI maintains a solid legal framework based on English common law, administered by a court system with a High Court, Court of Appeal and final appeal to the Privy Council in London. It also boasts a robust Insolvency legislation (passed in 2004) in keeping with international standards. The Securities and Investment Business Act provides an excellent framework for the establishment of public and professional Mutual Funds.
The BVI's innovative and flexible legislation, has helped to make BVI companies become recognized and accepted by banks, stock exchanges and governments throughout the world. As such, the Territory is maintained as the largest incorporator of companies in the world. BVI Business Companies benefit from there being no corporation tax as well as zero estate, inheritance, succession and gift taxes on individuals.
Jerry pop up notice
Please note that the government of the British Virgin Islands has closed all non-essential services due to the approach of Hurricane Jerry, which is expected to make its nearest approach to the British Virgin Islands on Friday September 20 or Saturday September 21, 2019.
We have closed our offices and hope to resume normal operations Monday September 23, 2019. We will take down our server as a precautionary measure Friday. We expect to receive all emails sent to us while the server is down within 24 hours of the server being restored. However it is possible that emails sent while our server is down may not be received within that time. We recommend that any urgent emails sent while our server is down be resent as soon as our server is restored. We will post further information regarding our operations including the status of our server on this website.
We apologize in advance for any delays in our response time due to Hurricane Jerry.