PRESENTATION OF JURISDICTION
The British Virgin Islands (BVI) are one of the oldest and the highest regarded offshore financial centers in the world. The BVI are globally recognized as the benchmark that other offshore jurisdictions strive to imitate. Most of the companies in BVI have as their preferred company structure the International Business Company (IBC) form (International Business Companies Act, 2004), the great popularity if this structure in BVI comes from its across-the-board beneficial features:
- Tax exemption status;
- Ease of operation;
- Widely accepted by the international financial community.
Enable offshore business to be managed in a tax-free environment.