Start Your Business All In One Place.
Forming and maintaining your business requires several steps, numerous interactions with various governing agencies, asking the necessary questions to the right professionals, and obtaining and keeping up with all the necessary industry-specific permits, certifications, inspections, and approvals.
The Business behind your Business!
Biz360Vi serves as the All-In-One hive, networked with skilled professionals and key agencies, to support all of your business formation, compliance, and continuance needs as we handle it all so you can focus on fully growing and expanding your business.
Business Formation Service!
We take care of the administrative hassle of business formation, within the U.S. Virgin Islands, so you don’t have to. Guiding you through the tough questions so you can start your business off on the right foot! By answering a few questions, you are simply “clicks” away from being in business.
If you’re unsure about what business form your company should take, we walk you through it all the way. Fill us in on what you do, your current company size, and your long-term goals, and we will recommend the appropriate entity type that’s right for you, whether Sole Proprietorship LLC, C Corp, S Corp, or Nonprofit. Leave the rest to us, and we will have your business legally registered in no time.
If you’re looking to do business under a tradename (also called Fictitious Name or DBA for “doing business as”) other than your company’s legally registered name, we can help with the filing.
A tradename may be the ideal entity structure if you’re a sole proprietor but do not want to do business under your personal name; thus, providing business owners the privacy necessary to conduct business.
You may also use a tradename entity structure for Location-Specific Branding and Streamlined Product/Service Branding. While a tradename or DBA doesn’t offer liability protection, it is a great option for sole proprietors and companies wishing to market a unique product or service that doesn’t align with their registered business name.
MyBizVI offers tradename/DBA formation services so you can get on with doing business legally in this U.S. Virgin Islands.
Do you want to protect your personal assets from possible risk of business debts and liabilities? Then an LLC (Limited Liability Company) may be the right entity structure for your business.
The intricacies involved in forming your LLC can be overwhelming and costly if not done correctly. Ensuring all the necessary requirements are done upon formation can save you cash and risk. It is easy to overlook details that may cost you. You can rest assure, MyBizVI will apply our experience and knowledge of the details involved in the formation of your LLC.
We handle your LLC filing from start to finish so you can focus on your daily business operations. Our streamlined LLC filing processes in the USVI will help drive down costs, risk, and worry so that you may confidently launch your business.
C Corporation Formation works well if you wish to expand your business venture through the sale of shares while leveraging limited liability. There are numerous aspects of a C Corporation that may be more beneficial to certain business ventures than that of other entity forms; however, forming a C Corporation properly can be quite extensive.
Our aim is to take the burden off of you. We let you know what information we need, and you can trust our experienced hands to get the job done in minimal time, with minimal cost, and with zero errors.
S Corp registration can be a complicated process with many requirements in the US Virgin Islands, and mistakes are not uncommon. Any slight mistake can lead to your application being rejected.
Count on us for a hassle-free S Corp formation in USVI. We not only evaluate your organization to determine whether it satisfies the requirements to be registered as an S Corporation, but we also weigh the pros and cons to know if this business structure is the best fit for you. We handle the entire S Corp filing process, so you never have to move a muscle.
Looking to form a nonprofit organization that makes our community a better place? We value the work you do, and we want you to have the pleasant, hitch-free Nonprofit formation process you deserve.
Filing for nonprofits is often tricky. Given each organization’s unique goals, structures, and regulations, getting your 501(c)(3) tax-exempt status requires a careful process. But that’s where we come in.
Get the industry support you need for your Nonprofit formation, ensuring you become 501(c)(3) tax-exempt. Let us handle the formation of your Nonprofit organization as you exhale and breathe life into our community.
OTHER SERVICES
EIN (Employer Identification Number)
The EIN “Employer Identification Number”, sometimes referred to as a TIN “Tax ID number,” is a federal tax ID for businesses that essentially serves as your company’s Social Security number.
Your company may need an EIN if:
- you intend to register a bank account under the company name
- you intend to establish credit for your business
- you intend to apply for business loans
- you are forming;
- a sole proprietorship intending to hire employees,
- a partnership,
- a multi-member LLC,
- a single-member LLC intending to hire employees,
- an LLC electing to be recognized as a Corporation
Let Biz360Vi Take This Off of Your Hands! Get Your Company’s EIN In Just 1 Business Day.
Need assistance in obtaining an EIN? Place the order and a representative from Biz360Vi will contact you to obtain the specific information required to complete and file the Tax ID / EIN.
Registered Agent Services
When registering your company, every LLC, corporation, or nonprofit organization must designate a Registered Agent (also known as a Resident Agent or Agent for Service of Process).
our Registered Agent is a person or organization you have appointed to manage important legal, tax, and government correspondence regarding your company, ensuring you never miss any filing deadlines or face any penalties.
When you choose us as your Registered Agent, you can rest assured:
- All essential paperwork is processed and sent to you on time.
- You are allowed to maintain a barrier of privacy as your physical address will not be exposed to public records- especially if you run a home-based business!
- Your governmental, tax, and legal matters will be kept CONFIDENTIAL.
- There will be 24/7 monitoring of your business’ compliance matter.
- Important documentation will not get lost in the shuffle. Through your MyBizBoard, you will have organized access to all your company’s historical and future documents.
Get a FREE first year of registered agent services when you incorporate your business with Biz360Vi!
Business License or Permit Renewal
“Every person or association wishing to engage in any business, occupation, profession, or trade listed in V.I. Code tit. 27, § 302 must apply and obtain from the Commissioner of Licensing and Consumer Affairs a license to operate legally.”
Additionally, there are industry-specific permits, certifications, inspections, approvals, that are required before obtaining your business license.
Here are a few other important things to consider when obtaining your business license and permits:
- What license type(s) applies to my company’s operation?
- Will your operations be fully permissible under the most accurate license type?
- Will your company’s operations require more than one license type?
- Does your industry require a general business license and/or a professional business license?
Not to worry, Biz360Vi will help you obtain and renew all business licenses and permits when due so you never operate without a business out of compliance. Start your business off on the right foot!
Annual Report Filings
All LLCs and Corporations are required to file annual reports with the Lieutenant Governor’s Office- Division of Corporations and Trademarks every year.
But the truth is, it’s easy to forget to file the document, and you may not yet have enough hands on deck to handle that task. If that’s you, we can help.
As your Registered Agent in USVI, we can help your organization prepare and file accurate annual reports that dot all I’s and cross all T’s with no penalties.
S Corp Election Services
When doing business in VI, you are required to file your S Corp election at the beginning of your corporation’s first tax year. This document proves your S Corporation status to allow you to enjoy its tax advantages.
We provide a comprehensive S Corp Election service to USVI businesses. Just place an order and let our experienced team review and e-file your Form 2553 online with the IRS.
501(c)(3) Reinstatement
Don’t let your 501(c)(3) status expire! Our team of experts at Biz360Vi can help you quickly and easily reinstate your organization’s tax-exempt status.
Contact us today to get started.
Entity Dissolution
Ready to close your business? Our team of professionals can help you smoothly dissolve your business entity and properly wind up your affairs.
Let us take care of the details so you can focus on your next venture. Contact us now for a consultation.
Amendments
It’s understandable that, at some point, you may desire to change your LLC’s name, address, or member information. Perhaps, you made a mistake during your DIY business filing. Not to worry.
We are the go-to resource for business amendment in the US Virgin Islands. Let us know what changes you need to make, and we will e-file your articles of amendment so you can get back to your business with zero worries.
Name Reservations
Do you have a catchy business name in mind but aren’t looking to get a company running this very minute?
File a Business Name Reservation through our experienced team to prevent anyone else from claiming the name before you’re ready to take the big step.