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Company Formation British Virgin Islands



Why Invest in BVI?

Updated on Monday 08th November 2021

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Why-Invest-in-BVI.jpgThe British Virgin Islands are one of the best known and oldest offshore financial centers. This tax haven has a series of advantages for investors that have been replicated in other offshore jurisdictions. 
BVI company formation accounts for the better part of the annual Governmental revenue. The four main islands, along with the other smaller ones are also a popular and picturesque exotic retreat, not only an investment center.
Our team presents four of the main reasons why to invest in BVI and details some of the particularities of the jurisdiction below. Some of the main advantages for investors are the following:
  1. No taxes: local companies are welcomed in a tax neutral environment with no corporate income tax and no withholding taxes;
  2. Stable jurisdiction: the Islands offer stable political and economic environments and investors have access to a good legal framework;
  3. No mandatory local appointments: there is no need to appoint a local company director or shareholder when opening a company;
  4. Confidentiality: investors enjoy a high degree of business confidentiality as there is no public record of the beneficial owners.
Our BVI company incorporation agents can give you more detailed information about each of these reasons to invest in BVI.

The BVI Business Company

The BVI business company is the legal entity of choice for offshore investors. It offers a high degree of flexibility and can be used for structuring investment funds. There is no need for a share capital and the legal entity can be incorporated with just one director and one shareholder.
The British Virgin Islands company formation process is a simple one that can be assisted by one of our agents whenever foreign investors cannot be present during the incorporation. 
Remaining in BVI as an investor for long enough can mean that an individual will be eligible for British Virgin Islands citizenship.

Confidentiality in BVI

Opening a BVI offshore company is advantageous not only because of the lack of taxes and the easy company incorporation but also because of the high degree of investor confidentiality. There is no need to prepare annual financial accounts and the identification details of the beneficial owners are kept with the Companies Register but it is not disclosed for public purposes. 
Tax information exchange agreements can influence the manner in which residents of other countries are required to disclose information. One of our agents can give you more details on this matter.
The exemption from tax, the easy company set up, flexible business structure options and confidentiality are all important reasons to invest in BVI.
Long-time investors in BVI can choose to apply for British Virgin Islands residency, once they comply with the minimum number of years spent here.
For more information on BVI company set up, please do not hesitate to contact us

Meet us in Road Town

Call us now at +230 5252 6703 to set up an appointment with our business consultants in the British Virgin Islands. Alternatively you can incorporate your company without traveling to the British Virgin Islands.

As a BridgeWest client, you will beneficiate from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in the British Virgin Islands.

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