Corporate Formation in the USVI


Forming the proper business entity can make all the difference in transforming an idea into a successful, profit earning business. Many businesses in the US Virgin Islands choose incorporation in order to enjoy the benefits of corporate taxation, flexible management and structure, and the ability to issue shares of stock. Forming a corporation limits personal liability, allowing the corporation to stand as a separate entity for liability purposes.

Despite these benefits, forming a corporate entity involves more than simple filings with the US Virgin Islands Division of Corporations and Trademarks. In order to reap the benefits of incorporation, a corporation must maintain detailed corporate records, hold regular board of director and shareholder meetings, and follow the stringent formalities required by law. Failure to abide by these requirements can result in personal liability for acts of the corporation with creditors accessing personal assets in addition to capital.

Within incorporation, a corporation may elect for different taxation models. Most publicly held corporations in the US Virgin Islands are C-Corporations, subject to double taxation. An S-Corporation is not bound by double taxation and awards shareholders protection from the debts and obligations of the corporation. By properly incorporating, you will prevent future problems with the Virgin Islands Bureau of Internal Revenue and instead be able to focus on building profits.

Attorney Rosh Alger has the experience and breadth of knowledge to handle the incorporation of your business and management of your established corporation in the US Virgin Islands. Contact him today by calling (340) 774-3036 or emailing contact@algeresquire.com for a free consultation to discuss your corporate formation needs.


Rosh D. Alger Esquire, LLC
32 Dronningens Gade 2nd Fl. #1
PO Box 6527
St. Thomas, VI 00804

The office of Rosh D. Alger practices law in Charlotte Amalie, St. Thomas, and St. Thomas Co.

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Call Us: (340) 774-3036 32 Dronningens Gade 2nd Fl. #1PO Box 6527, St. Thomas, VI 00804