NEWSPage index:Home > NEWS > Details page

BVI BC Company Advantages

Update Date:2016-4-15 8:56:11 Source:Tannet (Malaysia) Sdn Bhd Views:771

Malaysia Hotline: +603- 2141 8908



 

BVI can be a suitable location for company registration with its policies and tax advantage. Below will be some of the general advantages of the British Virgin Islands over many other offshore financial centers:


US dollar is the official currency in the BVI - therefore, by definition; there can be no currency controls and no artificial manipulation of money supply by the local government.

 

BVI are a British Overseas Territory, which provides for an outstanding political stability. The country also maintains a low international profile and a clean reputation, thus avoiding the pitfalls experienced by some more publicised and less scrupulous offshore tax havens.

 

BVI has an independent judicial system based on English Common Law. Laws and regulations are routinely developed in consultation with the private sector. Offshore financial services sector contributes a very significant part to the country's gross domestic product. Therefore, an inherent and pronounced interest exists both with the government and with the general public to maintain and develop the country's status as a competitive offshore financial centre.

 

BVI is an independent island with a fairly high standard of living. Therefore, it avoided entering any information-sharing agreements with foreign countries or organizations for exchange of financial aid. Client confidentiality is highly robustly enshrined in the BVI corporate and business legislation. BVI is easily accessible by sea and air, has modern telecommunications and is on US Eastern Standard Time (1 hour behind EST in winters).

 

Contact us

If you have further queries, please contact Tannet

24 hours Malaysia hotline:603-21418908;

24 hours Hong Kong hotline:852-27837818;

24 hours Hong Kong hotline:86-755- 36990589;

Email: mytannet@gmail.com

TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my

Previous:Intellectual Property Rights of Malaysia

Next:Hong Kong Virtual Office Rental