An International Business Company is a corporate vehicle having limited liability, which, provided it has no business activities in the British Virgin Islands, is wholly exempt from BVI tax on its income and from inheritance or estate tax on its shares. An IBC can have bank accounts in the BVI, deal with lawyers, accountants, trust companies and other professionals in the BVI, hold company meetings and keep its accounting books and records in the BVI without breaching this restriction.
By incorporating in the BVI, a business gains a wide range of competitive advantages, including:
There are many different ways to effectively utilize an offshore company in order to legally establish an efficient structure for tax purposes, for international business and investment purposes, or to provide an additional layer of privacy to your business operations. In the following paragraphs, you will read about the various types of structures that can be implemented using IBCs. BVI offshore company setup is an easy process.
British Virgin Islands is one of the oldest and most respected offshore financial centers in the world.
The BVI has a fast and efficient registry: it takes about 48 hours to register a company.
BVI is widely considered as a benchmark, which the other offshore tax havens strive to emulate.
BVI offshore UAEdelivers a full complement of corporate, trust and fiduciary services in the British Virgin Islands
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