| > BVI legislation is modern and very flexible, there are more benefits
< > than requirements, this has made it the base for IBC formation legislation
< > in many Caribbean jurisdictions. They consider it to be the ideal model
< > for establishing an international financial centre
< > and attracting the world offshore community.
< > The BVI are a British Overseas Territory, and this provides for the country
< > exceptional political and economical stability and higher standard of living
< > than in most countries of the region. This is
< > an ideal financial and tax planning centre for international business
< > that is seeking less publicity and more confidentiality.
< > The BVI offshore IBC formation legislation was implemented in 1984
< > and is constantly developed according to the demands and
< > requirements of international offshore community.
< > The new BVI Business Companies Act provides full tax exemption
< > to all offshore corporate formations registered there
< > and ensures modern and flexible business environment.
< > BVI offshore sector includes International Business Company,
< Limited Partnership and Trust, all of them not liable to any taxes.
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