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.
September 22, 2014
In an exclusive interview, British Virgin Islands Premier and Minister of Finance Orlando Smith discusses the British Virgin Islands’ big push into Asia, after opening an office in Hong Kong, wealth management and the future of offshore financial centers with Bloomberg’s Rishaad Salamat on “On The Move.”
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.