Why set up an offshore company in BVI?
The benefits of the British Virgin Islands
+ No tax on capital gain
+ No inheritance tax
+ 100 % Privacy
+ No VAT
+ 0 Taxes
+ Gains or profits derived by ownership, leasing or operation of a vessel registered in the BVI is exempt from any taxes.
In addition, no tax is payable by the crew non-residents on ships registered in the BVI and operated outside the territorial waters of the British Virgin Islands.
For more information, please contact us.
Advice and assistance in setting up an offshore company in British Virgin Islands:
Register a company in BVI is an excellent tax planning solutionÂ for international businessmen. The following information will help you to determine why setting up your business in the BVI Â is an optimum strategy
Set up an offshore company in BVI is ideal for:
- Holding intellectual property rights
- Holding Assets
- Consultants / Counselors
- Register a Yacht
- IT company
Main characteristics and approach for the an offshore company set up in BVI:
|Company Type||International Business Company (IBC)|
|Corporate legislation||The IBC are regulated under the IBC Act 2004|
|Confidentiality||The BVI offer a high level of anonymity and privacy.|
|Information published relating to company officers||Upon registration, names of companies officers will not appear in any public registry.|
|Accounting requirement||No accounting requirement|
|Taxation||No taxes .|
|Legislation||Modern offshore legislation|
|Financial||International Financial Center|
|Stability||Stable jurisdiction with very good reputation|
|Communication||Efficient communication means|
|Time zone||Convenient world time zoneÂ GMT- 4|
|Paid up capital requirement||No paid up capital requirement|
|Basis of legal System||Under Common Law|
|Minimum shareholders / directors||A minimum of 1 Director / 1 Share Holder|
|Bearer shares||Bearer Shares are not permitted|
Double taxation avoidance treaties are in force between BVI and the following countries:
In order to be taken off the OECD gray list, BVI signed the TIEA (tax information exchange agreements) in 2010 with:
Aruba, Australia,Â Czech Republic,Â Denmark, the Faroe Islands, Â Finland, Greenland,Â Iceland, India,Â Norway, Portugal,Â Sweden,Â United Kingdom.
To set up yourÂ offshore company in the BVI, just send us a short email to :Â contact mail.