BVI Lands Company Incorporation- Why You Should Step Ahead
Many people
are still not known about the British Virgin island. It is a land full of
treasure which has been in news for the last three decades. It is a great place
for tourist but especially the place is great for setting up offshore companies
with so much benefits. If you are too interested in registering the BVI
company, then surely you need a consultant to refer for proper ways.
BVI or
British Virgin island is a well-known place which is landing more than 50,000
foreign companies incorporated in BVI. All started with the International Business
Companies ACT 1984 which allowed the formation of the international business
Companies under its jurisdiction. British virgin islands company formation
is having huge benefits which are quite helpful for different companies to earn
more profit.
Check
Out The Reasons
Setting up
company has so many benefits to pursue. Here are some of them for you:
Ø Requirement of low taxation
Only the
IBC has locally run elements, then only tax is collected by the government
otherwise not. Even if they are hiring local staffs, then also you need to pay
the tax.
So how do
the government earn?
From the
licensing and registering process of the company in offshore lands which are
comparatively higher than the taxation. Once you invest you need to spend
frequently.
Ø Set-up of business is straight
forward
No need of
any extra documents or delaying of the registration process, once you apply for
the company incorporation. No annual meeting of the companies is required for
the offshore companies.
Ø Confidential
If you are
having any company at the BVI lands then it is absolutely confidential. It is
quite beneficial as you can be quite assuring that your company’s information
is at safe hand.
Well, refer
to any company incorporation agent on offshore lands for more information.
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