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Benson Formations

British Virgin Islands

Basic Facts

British Virgin Islands Overview

A self-governing British Overseas Territory United States Dollar currency Legal system based on common law Attractive tax system Business friendly environment Advanced infrastructure High quality of life English speaking

Top 3

Reasons For Doing Business In British Virgin Islands

territorial principle of taxation, tax is on BVI source income only

no corporate and no personal taxes

one of the most attractive jurisdictions in the world for establishing an offshore company

More advantages​

  • BVI IBC (International Business Company) is the most popular business form,
  • No capital gains tax,
  • No withholding taxes on dividends, interests and royalties,
  • No sales tax or VAT,
  • No inheritance/estate tax, no gift tax,
  • No wealth tax.

Company Formation In British Virgin Islands

Do you need to establish a company in the British Virgin Islands? Then to administer it?

Are you looking for a reliable lawyer or/and accountant in the British Virgin Islands?

Are you considering buying a property in the British Virgin Islands?

You do not know yet what do you actually might need?

Well, contact us at any time. We are ready to help  find the right answers and workable solutions for you.

Related articles

British Virgin Islands as the Top Offshore Jurisdiction

According to the recently published Vistra 2030 Report (“Preparing for a New Era of Globalisation”) the British Virgin Islands (BVI) maintains its position as the leading offshore jurisdiction. The report suggests that businesses and investors prefer established and proven jurisdictions, as evidenced by the BVI’s consistent top rankings since 2010.

British Virgin Islands Companies generate $14 bn each year in taxes.

There are over 375,000 active BVI Business Companies (with approx. 57% owners from Asia and 16% from Europe and North America) facilitating an estimated $1.4 trillion in cross-border trade and investment, supporting around 2.3 million jobs globally and generating $14bn each year in taxes for governments worldwide.