Bvi Is On The Oecd's White List, Recognised For Its High Tax Transparency, Regulatory And Compliance Standards.
The Bvi Has Established Itself As The Leading Corporate Domicile Of Choice For Offshore Structures, Coupled With A Best In Class Online Corporate Registry Platform.
Features
These are some of the general advantages to incorporate in BVI, British Virgin Islands, over many other international financial centres:
US dollar is the official currency in the BVI
BVI provides for an outstanding political stability
BVI has an independent judicial system based on English Common Law
Legal Personality
A British Virgin Islands Business Company has separate legal personality and the same powers as a natural person.
Confidentiality
Confidentiality is one of the key features of the BVI Business Company as details of the company, such as beneficial owners, directors and shareholders are NOT part of public record.
No Reporting
BVI Business Companies does not have an obligation to file financial accounts.