>BVI is a major international financial centre with offshore industry
< >strongly supported by the government.
< >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 BVI are a British Overseas Territory, and this provides for the country
< >exceptional political and economical stability and higher standard of living
< >than in most countries of the region. This is
< >an ideal financial and tax planning centre for international business
< >that is seeking less publicity and more confidentiality.
< >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.
< >Economical and legal stability in Gibraltar gives additional
< >advantages to the owners of Gibraltar offshore companies:
< >not only they enjoy all the features of asset protection, but also
< acquire stability and good reputation for their business.