| > 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 BVI offshore IBC formation legislation was implemented in 1984
< > and is constantly developed according to the demands and
< > requirements of international offshore community.
< > Personal privacy of any shareholder or director is well protected as their names
< > do not appear in any BVI incorporation documents and public records.
< > In their turn, shareholders and directors
< > are ensuring confidentiality of beneficiary owners.
< > There is no universal way of establishing an offshore entity -
< > each business situation needs the individual configuration
< > of an offshore company. If properly organized,
< > Gibraltar offshore company allows to improve business efficiency, to get
< substantial tax benefits, to reduce costs and maintain confidentiality.
|