The British Virgin Islands is a self-governing, politically
stable British Crown Colony with a self-legislative assembly and has
become an important centre for offshore business
The legal system is based on the English Common Law.
The British Virgin Islands are a group of about 50 islands
situated in the Eastern Caribbean 60 miles east of Puerto
Rico and 180 miles north of Antigua.
Road Town on the main island of Tortola is the capital.
English is the official language of BVI.
Advantages of BVI
Exemption from all local taxes for BVI Business Companies
business outside of the BVI
Well developed financial services industry
Common law legal system based on English law
Well developed professional infrastructure
Excellent telecommunications system
Easy air access to North America and Europe
No foreign exchange restrictions.
BVI companies and all amounts paid by them to non-residents are
from all local taxes and stamp duty.
Upon the sale or transfer of shares of a BVI BC to a third
gains tax is not payable under the BVI law.
BVI companies are not required to file tax returns or any other
report or declaration to the BVI government regarding
Privacy and Disclosure
Information about beneficial owners, shareholders, directors and
is not filed with the BVI government, and not available
to the public.
Transfer of Funds
There are no currency exchange and transfer of funds controls in
no approval need be obtained for the transfer of
royalties other profits or for repatriation of capital.
Companies are permitted to repatriate all profits, dividends and