Apply for a First-Time Trade License (General)
Table of Contents
Any individual or company intending to operate a business in the BVI.
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Documents you need to upload
If you are a BVIslander / Belonger:
- One Passport Size Photo (2” x 2”)
- Proof of Status (BVI Passport photo page AND Page 4 or 7, OR a Belonger’s Card)
- A formal Cover Letter providing details of your proposed business
- Professional Qualifications (Certificates & your Résumé)
If you are a Non-Belonger:
- One Passport Size Photo (2” x 2”)
- Two (2) Personal Character References
- One (1) Business Reference
- Financial Statement proving your ability to operate the business
- Police Record / Certificate of Good Character
- Passport Picture Page copy
- Professional Qualifications (Certificates & your Résumé)
- A formal Cover Letter detailing the proposed business operations
If you are applying as a Company:
- A Cover Letter outlining the operations of the Company
- Full Incorporation Documents: Share Certificates, Register of Members, Register of Directors, Memorandum & Articles of Association, and Certificate of Incorporation.
- Note for BVI-owned companies: Your uploaded corporate documents must legally prove that at least 60% of shareholders and 60% of directors are BVIslanders.
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Information needed to complete the application form
Application Type: Specify if this is your first license, an additional license, or a change of details (and exactly how many licenses you are applying for).
Business Details: Proposed Business Name, specific physical location, and description of the business activity.
Applicant's Personal Info: Full Name, Mailing Address, Date & Place of Birth, Nationality, Social Security Number, and your preferred method of communication (Home, Work, Cell, or Email).
Your Role: Declare if you are the Owner, Manager, Director, or an Agent (if you are an agent, you must provide your full name).
Company Specifics (If registering as a firm/corporation): Date of Incorporation, names and nationalities of all Directors, names and nationalities of all Shareholders, and your source of financing (Personal, Bank, or Other).
Employment: Expected number of employees.
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Can the government reject my business name?
Yes. The Department of Trade reserves the right to request a new name if it conflicts with existing businesses or policy.
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Do I need a building inspection before getting my license?
Yes. Certain businesses (like restaurants or food handlers) require an inspection from agencies like the Environmental Health Department before a license is formally issued.
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Do I need Planning Permission?
If your business changes the original intended use of the physical building significantly, you must consult the Town and Country Planning Department under the Physical Planning Act of 2005.
Contact Information
Department of Trade, Investment Promotion and Consumer Affairs -
First and Second Floor, Sebastian's Building
Road Town, Tortola
Virgin Islands (British) VG1110
Tel: 284 468-2008
Email: bvitrade@gov.vg
