>BVI International Business Companies provide
< >the strong combination of high flexibility and
< >the unquestioned confidentiality that allowed them to become
< >the most popular and widely used type of offshore company.
< >BVI legislation is modern and very flexible, there are more benefits
< >than requirements, this has made it the base for IBC formation legislation
< >in many Caribbean jurisdictions. They consider it to be the ideal model
< >for establishing an international financial centre
< >and attracting the world offshore community.
< >The International Business Company is a corporate formation
< >with limited liability, conducting no business in the BVI,
< >fully exempt from the BVI income taxes and
< >only paying annual nominal fee to the government.
< >The new BVI Business Companies Act provides full tax exemption
< >to all offshore corporate formations registered there
< >and ensures modern and flexible business environment.
< >BVI offshore sector includes International Business Company,
< Limited Partnership and Trust, all of them not liable to any taxes.