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Financial Centres: British Virgin Islands (BVI)

The British Virgin Islands (BVI) are a group of islands located about sixty miles due east of Puerto Rico. The British Virgin Islands is by far the most popular jurisdiction in the world for International Business Companies (IBCs).

The BVI territory has been a true phenomenon for the establishment of offshore companies in recent years. It has rapidly become the premier offshore corporate Domicile with more than 300,000 International Business Companies (IBCs) registered.

Financial Background

Essentially, a modern IBC( an International Business Company ) is a private Corporation which is exempt from Tax, suitable for virtually any international business … Continue Reading