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British Virgin Islands

BVI are a British Overseas Territory, which provides for an outstanding political stability.

The country also maintains a low international profile and a clean reputation, then BVI are classified in the white list of OECD since August 2009.

BVI has an independent judicial system based on English Common Law.

Laws and regulations are routinely developed in consultation with the private sector.

Offshore financial services sector contributes a very significant part to the country's gross domestic product.

Therefore, an inherent and pronounced interest exists both with the government and with the general public to maintain and develop the country's status as a competitive offshore financial centre.


Back to International Company

Essentially, a modern International Business Company (IBC) is a private corporation which is exempt from tax, suitable for virtually any international business activity, has a flexible organizational structure, is not burdened by excessive reporting and record-keeping requirements, and maintains strict confidentiality provisions.

A BVI IBC is exempt from the BVI income tax, the same exemption applies to all dividends, interest, rents, royalties, compensations and other amounts paid by a company, and all capital gains realised with respect to any shares, debt obligations or other securities of the company.

No estate, inheritance, succession or gift tax is payable with respect to any shares, debt obligations or other securities of a BVI IBC.

All transactions and instruments relating to transfers of any type of property of assets, shares, debt obligations or securities to or by a BVI BC are exempt from the stamp duty.

A BVI IBC requires a minimum of only one owner, one shareholder, and one director. All of them can be one and the same person.

Apart from the director, the company need not appoint any operating officers.

The management structure of the BVI Business Company may be designed in accordance with the widest variety of requirements.

The shareholders, directors and officers of a BVI Business Company may be individuals or corporations and of any nationality.

The shareholder's or director's meetings need not be held in the British Virgin Islands.