The BVI International Business Company (IBC) is exempt from tax regulations, is ideal for structuring international business activities, it allows for a flexible organizational structure, enjoys lenient record keeping and reporting requirements and enables the safekeeping of commercial confidentiality.
- Cost efficient set-up and ongoing maintenance;
- Simple incorporation and administration requirements;
- OECD 'White-listed', secure and stable jurisdiction;
- Internationally recognized and accepted medium for transactions structuring;
- Business activities outside the territory of the bvi are exempt from BVI taxes;
- No foreign exchange controls;
- Ability to open corporate bank account without being present;
- Bearer shares are allowed.