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The British Virgin Islands consist of
approximately 60 islands with roughly 200.000 inhabitants.
This archipelago is situated in the east of Puerto Rico.
Road Town on Tortola Island is the capital and the trading center of
the British Virgin Islands.
The advantages the British Islands offer are fast, unbureaucratic
establishment of International Business Companies (IBC) as well as
the private register of directors and shareholders.
Despite being part of the British Crown Colony the British Virgin
Islands provide all benefits of a self-governed state.
The Virgin Islands dispose of fiscal sovereignty, corporation laws,
citizen control and a law system.
This allows IBC´s to be established without any tax obligation on
their international income.
No fiscal treaties with other countries exist. Furthermore, due to
the independent law system, administrative assistance procedures are
very time and money consuming with little prospective chance of
success.
Therefore, the British Virgin Islands provide the ideals environment
for incorporators who are in a hurry to found an anonymous and
inexpensive offshore company.
British Virgin
Islands Fact
Sheet
|
legal form |
IBC (International Business
Company) |
|
political background |
Autonomous colony of the
British Kingdom with own tax and company law system. |
|
working range |
The company is allowed to
operate worldwide, except for the British Virgin Islands |
|
taxes |
350,- USD a year as
registration fee. No taxes on international income. |
|
possible denominations |
Ltd., Inc., Corporation, S.A |
|
public shareholders register? |
No |
|
public managers register? |
No |
|
min number of managers |
1 |
|
min number of stakeholders |
1 |
|
Company Secretary required? |
No |
|
legal person as director
possible? |
Yes |
|
duration of foundation |
1-2 Days |
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