Guide to Incorporating Companies in the BVI
Contributed by O'Neal Webster //
February 5, 2013
The British Virgin Islands has often been described as the world’s leading offshore incorporation centre. It has been estimated that, since 1984, over one million BVI companies have been incorporated, placing its status as a leading offshore jurisdiction beyond dispute. There are several factors which contribute to the BVI’s attractiveness as an incorporation centre. As a country the BVI boasts a modern and progressive regulatory regime, economic prosperity, and history of political stability. As a result a BVI company is easily formed, has a flexible organizational structure, enjoys a large measure of privacy and is exempt from taxation and excessive financial reporting.
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