Authorised and Issued Share Capital

BVI IBC share capital may be expressed in any currency, and other considerations other than cash. Normal authorised share capital is US$50,000, with all shares having par value of $1. Minimum issued capital is one share to establish ownership. The phrase "US$50,000 authorised share capital" simply indicates the total value of shares which the company is permitted to issue; the only capital which is paid in to the company would be for shares actually issued.