Offshore Business Companies : The Advantages of British Virgin Island Offshore Business Companies
Are you considering setting up an offshore company in the British Virgin Islands?
The beautiful British Virgin Islands are on our list of the top 10 countries to open an offshore company.
Here are some of the main reasons to consider opening a business in the British Virgin Islands:
The British Virgin Islands are among the most prosperous islands in the Caribbean. Their main revenue sources come from tourism and the financial sector. With a politically stable government, a UK based system of law and English as the official language, the British Virgin Islands is an attractive jurisdiction to register a company.
The BVI is one of the world’s leading financial centres offering stability with a progressive and democratic society. The financial sector is responsible for just over 50% of total government revenues.
Discover the top advantages of choosing the British Virgin Islands to start a business.
An internationally recognised innovative regulatory regime
A business-friendly operating environment
Strong partnerships between business and government
Efficient company formation and administration processes
Enduring political and economic stability
An internationally renowned and respected commercial court
No currency controls
Tax-neutrality (no capital gains tax, value-added tax or withholding tax, etc.)
Efficient Incorporation and Registration, BVI Corporations can be incorporated and registered within 3 working days
Flexibility in company structure of an offshore British Virgin Islands Company
High Confidentiality, due to no sensitive personal information available on public file
Security of assets, such as the ability to protect assets from third parties, including tax authorities of your home country
No minimum issued share capital requirements
Offshore companies exemption from local taxes and stamp duties (except for registration fee and annual license/franchise)
There is no requirement for meetings of shareholder(s) and/or director(s). Meetings if thought necessary can be held anywhere in the world
Directors can be individual or corporate bodies
No requirement to register initial or ongoing changes in Directors registration can be made at any time it is required to file Registers of Directors, but information about them will remain confidential
No requirement to file the Register of Shareholders, No requirements to file organizational or financial information with the Registrar of Companies (except for Memorandum & Articles of Association)
No requirements to file accounts or annual summaries with the Government, only the annual fee form should be completed and filed by the registered agent in the BVI
No place limitations for maintaining company books and records
Flexible post-incorporation services
Enquire today and let us help you to set up your offshore company in The British Virgin Islands.
