Know About Offshore Registration In The British Virgin Islands
British Virgin Islands (BVI) is a British Territory located on numerous islands in the volcanic archipelago in the Caribbean. The Virgin Islands is a classic offshore administration that implements the same conditions for companies registered to operate in the local market and for companies in the international market. It is this administration that thousands of businessmen choose because of favourable taxation, simplified reporting, and a high level of confidentiality of personal data. The BVI is considered a prestigious jurisdiction that tries to maintain its credibility. It is beneficial to open international business companies (IBC) here. Features of registration of offshore companies in the Virgin Islands · Any activity is allowed that does not contradict the laws of the British Virgin Islands · The minimum number of shareholders and directors - one each (both individuals and legal entities) · There are no residency requirements for shareholders and directors; · There are no