The British Virgin Islands (BVI) Financial Services Industry has been growing rapidly in recent years and is the main element of BVI’s economy. The BVI is well recognized as a financial centre for the incorporation of companies, particularly international business companies (IBCs), which were introduced by the government in 1984.

The formation of a BVI company allows global entrepreneurs to conduct international business while legitimately minimising international taxation. Such companies are allowed to operate completely
tax-free as long as they do not conduct any business locally in the BVI, which makes them a very attractive vehicle for the international business owners looking to collect profits in a tax-friendly environment.

Turnstone can assist clients to identify the optimum corporate structure to legally protect assets and gain access to worldwide markets, while legally minimising local and international taxation.

For further assistance please contact our BVI desk at contactus@turnstone-group.com