The British Virgin Islands are a small group of islands in the Caribbean Sea located approximately 60 miles east of Puerto Rico. The island has excellent airline connections with the capital of Puerto Rico, which is a major hub for American Airlines.
There are several attractions in choosing the BVI :
The BVI is the world’s leading offshore centre with more offshore companies than any other country – approximately 850,000 have been registered since 1984.
BVI has zero rated corporation tax, with no wealth, capital gains or estate tax for offshore entities.
The ease of administration, flexibility and costs of incorporating or maintaining a BVI are low.
The BVI has no exchange controls.
The BVI appears on the OECD white list, reflecting the high regulatory and compliance standards.
The BVI has a sophisticated legal and judicial system based on English Common law, with a right of final appeal to the Privy Council in London, this provides a stable and certain framework for investors. Directors duties are based on English common law. Policies and legislation are developed in close consultation with the private sector.