BVI: What You Need To Know To Start A New Business?
Have you ever decided to register an offshore company? Then, you must be taking a closer look at jurisdictions, which are commonly called havens of tax. British Virgin Islands are such kind of jurisdiction. The laws governing businesses in the British Virgin Islands (BVI) are characterized by some of the benefits that are most likely to attract you. Some advantages of starting a business In the BVI First of all, it is optimal taxation, asset protection, and confidentiality. Now let’s talk about the advantages that make you think about starting a business in the BVI. According to the latest amendment to the 2007 law, there are no differences in BVI between local entrepreneurs and non-residents. As a result, all bvicompany incorporation is simply called “business companies”. One of the key advantages of forming a company in the BVI is: · The BVI has good relations with the OECD and other international tax organizations. · The initial and annual registration f