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Offshore jurisdictions provide unique opportunities for tax reduction and business development. Among the benefits of offshore industry, which now covers about a half of the world’s financial transactions, there are minimum requirements, high level of privacy, tax exemption. BVI offshore International Business Company is a private corporation exempt from taxes, having flexible structure and maintaining strict confidentiality, not burdened by excessive reporting and record-keeping requirements. The British Virgin Islands are politically stable offshore jurisdiction with excellent commercial and professional infrastructure and developed communication facilities. Now the BVI is the most popular jurisdiction for incorporations, with over 300,000 business companies registered and used for all kinds of international business activities. Offshore BVI services include offshore company incorporation and administration, provision of registered address and registered agent, company management (directors and officers), nominee shareholders, bank account introductions and management as well as corporate searches and filings, drafting of corporate and business documentation. BVI offshore IBC company formation services provided by Fidelity. According to the new BVI Business Companies Act, Registered Agent is required for all British Virgin Islands companies, regardless of company type and sphere of business operations. The requirement equally refers to onshore and offshore companies. IBC is the most popular offshore company type, used worldwide for asset protection, wealth management and tax planning purposes. Belize IBC is classic example of offshore company in the Central America. Belize IBC is free from any tax in Belize with only a few simple requirements. Belize has well developed infrastructure, modern telecommunications and is easily accessible by air and sea.
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