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ARTICLE · 30 JUNE 2014

BVI IBC Company

The British Virgin Islands is the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and stable political situation.

British Virgin IslandsWealth Management
George Schizas
George Schizas

Formation

The British Virgin Islands is the most popular offshore jurisdiction, with favourable business regulations, a prosperous economy and stable political situation. In the British Virgin Islands, an International Business Company (IBC) is very quick and simple to incorporate requiring minimum administration, providing privacy and asset protection. Provided that your IBC has no business activities in the British Virgin Islands, it is wholly exempt from BVI tax on its income. The general time scale for a full incorporation is two days, although the Registrar's office is automated, which enables incorporation to be done sometimes within 24 hours. To start incorporating your Genshape Management in the British Virgin Islands we only require the following:

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