Friday, September 7, 2012

British Virgin Islands Offshore

www.bethelfinance.com
Register a company in BVI is an excellent tax planning solution for international businessmen. The following information will help you to determine why setting up your business in the BVI  is an optimum strategy
BVI Company is ideal for:
Main characteristics:
Company Type International Business Company (IBC)
Corporate legislation The IBC are regulated under the IBC Act 2004
Confidentiality The BVI offer a high level of anonymity and privacy.
Information published relating to company officers Upon registration, names of companies officers will not appear in any public registry.
Accounting requirement No accounting requirement
Taxation No taxes .
Legislation Modern offshore legislation
Standard Currency USD
Financial International Financial Center
Stability Stable jurisdiction with very good reputation
Communication Efficient communication means
Time zone Convenient world time zone  GMT- 4
Secretary required no
Paid up capital requirement No paid up capital requirement
Basis of legal System Under Common Law
Minimum shareholders / directors A minimum of 1 Director / 1 Share Holder
Bearer shares Bearer Shares are not permitted
TAX treaties signed
Double taxation avoidance treaties are in force between BVI and the following countries:
Japan, Switzerland and UK 
In order to be taken off the OECD gray list, BVI signed the TIEA (tax information exchange agreements) in 2010 with:

Aruba, Australia, Czech Republic, Denmark, the Faroe Islands,  Finland, Greenland, Iceland, India, Norway, Portugal, Sweden, United Kingdom.

Why Set up a company in the BVI ?

The benefits of the British Virgin Islands
- No tax on capital gain
- No inheritance tax
- 100 % Privacy
- No VAT
- 0 Taxes
- Gains or profits derived by ownership, leasing or operation of a vessel registered in the BVI is exempt from any taxes.
In addition, no tax is payable by the crew non-residents on ships registered in the BVI and operated outside the territorial waters of the British Virgin Islands.

To start just send us an email : info@bethelfinance.com

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