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BVI legislation is modern and very flexible, there are more benefits

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than requirements, this has made it the base for IBC formation legislation

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in many Caribbean jurisdictions. They consider it to be the ideal model

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for establishing an international financial centre

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and attracting the world offshore community.

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The BVI offshore IBC formation legislation was implemented in 1984

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and is constantly developed according to the demands and

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requirements of international offshore community.

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The International Business Company is a corporate formation

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with limited liability, conducting no business in the BVI,

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fully exempt from the BVI income taxes and

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only paying annual nominal fee to the government.

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Various offshore companies are available in Gibraltar

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including Gibraltar non-resident companies.

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There is no universal way of establishing an offshore entity -

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each business situation needs the individual configuration

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of an offshore company. If properly organized,

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Gibraltar offshore company allows to improve business efficiency, to get

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substantial tax benefits, to reduce costs and maintain confidentiality.