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In 2000, KPMG were commissioned by the British Government to produce a report on the offshore financial industry generally, and the report indicated that nearly 45% of the offshore companies in the world were formed in the British Virgin Islands. [24] The British Virgin Islands is now one of the world's leading offshore financial centres, and ...
The British Virgin Islands Companies Registry (part of the Registry of Corporate Affairs). The BVI Business Companies Act (No 16 of 2004) is the principal statute of the British Virgin Islands relating to British Virgin Islands company law, regulating both offshore companies and local companies.
The British Virgin Islands company law is the law that governs businesses registered in the British Virgin Islands. It is primarily codified through the BVI Business Companies Act, 2004 , and to a lesser extent by the Insolvency Act, 2003 and by the Securities and Investment Business Act, 2010.
The International Business Companies Act, 1984 [1] was a statute of the British Virgin Islands which permitted the incorporation of International Business Companies (IBCs) within the Territory. The Act played in a huge role in the economic and financial development of the Territory in the 1990s.
The British Virgin Islands has engaged in bilateral and multilateral agreements to facilitate tax cooperation and information exchange with other countries and jurisdictions. These agreements enhance the territory's credibility as a responsible financial center and provide a framework for addressing cross-border tax-related challenges.
In the 2017 economic impact research conducted by the World Travel & Tourism Council, British Virgin Island's direct contribution of travel and tourism to the GDP was $332.6 million and the total ...
The British Virgin Islands (BVI), [3] ... 12 authorised custodians, two licensed money services businesses and one licensed financing service provider. ...
Pages in category "Economy of the British Virgin Islands" The following 9 pages are in this category, out of 9 total. ... International Business Companies Act; L.