Geographically, the British Virgin Islands are located in the Caribbean. The state includes 36 islands while only 16 islands are inhabited. In general, the British Virgin Islands is an offshore that almost completely copies the legislation of Great Britain. But at the same time the authorities of the BVI have provided perfect opportunities for foreign investors, in particular:
full absence of taxes when doing business both outside and inside the country;
1. no audits of companies;
2. high confidentiality level for the information about the owners of companies and financial operations;
3. no currency exchange regulation;
4. the minimum amount of the charter capital is not established;
5. no requirements for the quantity and shareholders residence;
6. nominal service can be used, no requirements for the resident secretary.
Moreover, you can purchase an offshore company at the British Virgin Islands at a reasonable price; the legislation of the country does not prohibit such transactions. Actually, you do not risk your reputation and cannot attract any special attention to your business while working under this tax haven.