Advantages of BVI Offshore Incorporation
The British Virgin Islands is an overseas territory situated in the Caribbean including more than 40 islands and self-government. Its one of the oldest offshore areas. Many of the offshore companies are incorporated under the BVI making it one of the world’s leading offshore financial centres. This was formed under the International Business company’s act 1984. Why Set Up An Offshore Company? An offshore company is a company which is situated in a different country away from the country of residence of the shareholders. It’s a company who can enjoy the benefits of relaxed rules and regulations with avoidance of tax. Benefits of BVI Offshore Incorporation : 6 benefits of BVI offshore incorporation 1. Corporate Organisation And Flexibility-: Authentication of the corporate activity can be taken without permission of the collaborators. It provides the benefits of tax- free environment with common law legal systems. There are no restrictions regarding the corporate benefits or any fi