Why form an offshore company in British Virgin Islands?

British Virgin Islands have always been famous for investors for saving taxes. Apart from providing luxurious infrastructure, beaches, cheap labour cost, it is also provides lucrative tax saving options. The latest legislation ensures that all domestic as well as international businesses end up paying zero income tax, capital gains tax, estate and inheritance tax. Company formation is also pretty easy as it takes only about 24 to 48 hours. Apart from this, you also have 100% confidentiality and anonymity clause which ensures that the name of directors and shareholders are not revealed.

Form an Offshore Company in British Virgin Islands

Benefits of Forming an Offshore Company in British Virgin Islands

  1. 0% tax on income, capital and corporate
  2. Zero sales tax
  3. 24x7 banking support
  4. Availability of Shelf Company
  5. Multiple currencies are used
  6. Local member not required for the position of Director
  7. Incorporate a company within 48 hours
  8. Filing annual returns not required
  9. Require only one director and one shareholder
  10. Your records cannot be accessed by public for information
  11. No audit requirement
  12. Exemption from taxes for domestic and international companies