The Location:

BVI is a British overseas territory island located in the Caribbean - to the east of Puerto Rico. The capital is Road Town; the official language is English, and the currency is the US Dollar (USD).


Key Benefits & Features of Company Formation:

  • Only one Director or Shareholder is required – corporate body or natural person – from any country, whilst Directors or Shareholders for company incorporation can be the same person.
  • A Secretary is not required.
  • The names and identity of any Directors or Shareholders are not disclosed on any company incorporation documents, nor do they appear in any public record.
  • Strict confidentiality laws.
  • Taxes: none levied on banking and offshore transactions; no income, capital gains or other kind of tax.  
  • Tax treaties with both the USA and the EU.


Additional Information:

  • As a British Overseas Territory, the legal system is based on that of the UK.
  • The most commonly incorporated company is the International Business Company (IBC).
  • An IBC is restricted in conducting business outside of the BVI.
  • An IBC is restricted in conducting business with companies and residents of BVI, unless it meets certain criteria:
    • It holds a property lease where company books and records are prepared or maintained.
    • It prepares or maintains books and records within the BVI.
    • Its meetings are held within the BVI.
    • It works with businesses and business service personnel within the BVI in a professional capacity.
    • It maintains shares, other securities or debt obligations in companies within the BVI – either IBCs or locally incorporated.