Restrictions
The restriction on the naming of BVI Business Companies pursuant to Division 3 sections 17 -19 of the BVI Business Companies Act 2004 (BVI BC Act) are as follows:
- The name of a limited company must end with one of the following suffixes:
- “Limited”, “Corporation” or “Incorporated”;
- “Societe Anonyme” or “Sociedad Anonima”;
- “Ltd” or “Corp” or “Inc” or “S.A”;
- The name of an unlimited company shall end with the word Unlimited or the abbreviation “Unltd”.
- The name of a Restricted Purposes Company shall end with the phrase “(SPV) Limited” or the phrase “(SPV) Ltd”.
- The name of a Segregated Portfolio Company shall include the designation “Segregated Portfolio Company” or “SPC” placed immediately before one of the endings specified in provision I above or a permitted abbreviation thereof.
- The name of a Segregated Portfolio Company that is a restricted purposes company shall include the designation “(SPV)” immediately before or immediately after the designation specified in provision IV.
- Where the Abbreviation “Ltd”, “Corp”, “Inc” or “Unltd” is used a full stop may be inserted at the end of the abbreviation.
No company shall be incorporated under a name:
- The use of which would contravene another enactment or the Regulations;
- Is identical to the name under which a company is has been registered under the BVI BC act or a former Act, or
- Is so similar to the name under which a company is or has been registered under the BVI BC Act or a former Act that the use of the name would in the opinion of the Registrar be likely to confuse or mislead;
- That is identical to a name that has been reserved that the use of both names by different companies and would in the opinion of the registrar be likely to confuse or mislead;
- That contains a restricted word or phase unless the commission has given its prior written consent to the use of the word or phrase; or
- That in the opinion of the Registrar is offensive or for any other reason objectionable.
- The name of a company may comprise the expression “BVI Company Number” followed by its company number in figures and the ending required by provision I above that is appropriate for the company.