What is a BVI Company?

The BVI jurisdiction is one of the world's most popular and respectable centres for offshore commerce and finance. Since 1984, when the BVI IBC Act was adopted, incorporation and administration of the International Business Companies with a complete exemption from income tax in BVI were provided for.

When a new version of the BVI Business Companies Act emerged and was adopted, January 1, 2005, domestic and international business companies were united into one unified type, thus eliminating all the discrimination between domestic and offshore companies.