The mainstay of financial services business in the BVI is the Business Company. BVI companies provide a range of business uses that are likely to be found anywhere in the world in major transactions. With 500,000 companies registered, the BVI is one of the most efficient and important hubs for international trade and investment.
The BVI plays a significant and positive role in the global economy. It is a highly regulated jurisdiction offering a wide range of financial services, from company incorporation to captive insurance.
March 31, 2014
The first quarter of 2014 has seen a flurry of international transactions involving BVI law firms and using BVI structures. More than 12 deals have been completed with a total deal value in excess of $2.5bn.
The BVI has implemented the highest standards of transparency, accountability and information exchange, as set out by the OECD, the IMF and other supranational and regulatory bodies. The extent and scope of this regulation exceeds that found in most other jurisdictions.
BVI companies are increasingly used as tax and risk efficient platforms for investment into emerging markets. This stimulates growth and creates employment.