The British Virgin Islands is a British overseas territory in the Caribbean, with over 40 islands and self-government in most internal matters. The British Virgin Islands are an internationally recognised offshore centre and also one of the oldest. Many other offshore jurisdictions based themselves on the BVI’s laws before developing their own corporate laws. By virtue of its legal and commercial reliability, constant and proficient modernization of corporate legislation and prompt reaction to global changes, BVI has retained a well-deserved reputation among the offshore jurisdictions. As far as offshore business jurisdictions go, BVI is clearly a premium “brand”.
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