BVI Offshore Company Start-up Do’s and Don’ts

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Of the 60 islands that make up the British Virgin Islands or the BVI, only 16 of these found off the South American Coast are inhabited. It is a member of the Commonwealth and its main currency is the US Dollar. About 80% of the residents are of African origin. Its business laws are some of the most flexible in the world and this is because they incorporated a clause that allows for International Business companies, or IBCs, to register or incorporate their companies in the BVI territory for the principal purpose of asset and financial protection and for business anonymity. Continue reading