The BVI Business Corporation was established on the basis of the International Business Companies Act of 1984, a sophisticated legal rule converting this jurisdiction into one of the leading jurisdictions of the world in the market of global offshore financial services.
British Virgin Islands
British Virgin Islands
Special features of the BVI
- Simple and fast registration process
- No need to declare income annually
- No need either to hold annually meetings of directors or stockholders
- Exemption from all taxes
- Companies can do any kind of legal business all over the world without any assets or physical presence on the British Virgin Islands. There are some restrictions for activities that need a licence if you want to work on the BVI.
- Directors, executive directors and shareholders can be natural or legal persons of any nationality.
- Companies may have just one director
