British Virgin Islands (BVI)

The British Virgin Islands (BVI) are a small group of islands in the Caribbean Sea located 60 miles east of Puerto Rico. The BVI offshore services industry enjoys the advantages of having responsibility for its internal self-government, while maintaining the political and economic stability of an overseas British territory.

BVI International Business Companies fall under the International Business Companies Act 1984 and are allowed to operate completely tax free as long as they do not conduct business relations within the BVI.

Advantages of an offshore IBC in the British Virgin Islands:

• A BVI International Business Company only requires one director and one shareholder.
• There is no requirement to appoint a secretary or any other officer.
• Shareholders, directors and officers can be individuals or corporations.
• Same day name approval is available.
• Shareholders, directors and officers can be of any nationality and residence shares may be issued to bearer.
• There are no requirements to hold shareholders' or directors' meetings in the BVI. Meetings can be held by telephone or other electronic means.
• Transfer of companies to and from the BVI can be made in an easy manner.

Please contact us at info@emetoffshore.com to learn more about an IBC in the British Virgin Islands. Emet Offshore Consultants have extensive experience with BVI corporations for our clients and can structure your IBC in a timely and cost effective manner.