The British Virgin Islands (BVI) are located approximately sixty miles east of Puerto Rico and two miles from St. Thomas, U.S. Virgin Islands and constitute one of the world’s most reputable international financial centers.

BVI BC's are a very popular and widely used offshore companies because of their administrative ease, flexibility, taxation exempt status and the fact that they are widely accepted and understood by the international financial community. BVI BC's may not own real property in the BVI, other than the lease of an office, and may not carry on banking or trust business (unless licensed under the Banks and Trust Companies Act, 1990) or insurance or re-insurance business (unless licensed in the BVI to carry on that business). Otherwise, BVI BC's may engage in any activity that is not illegal under the laws of the BVI subject to any restrictions in their Memorandum of Association.

Benefits of BVI:

• - Most attractive jurisdiction for an offshore business.
• - Modern, flexible and commercially minded corporate legislation
• - Cost-effective and straight forward incorporation process
• - Offering a high level of privacy and confidentiality.
• - Minimum ongoing compliance requirements
• - Exempted from income tax, capital gains tax, gift taxes, inheritance taxes and VAT

• International Business Company (IBC)