When and why using BVI business company for international trade
The British Virgin Islands (BVI) is a British Overseas Territory, one of the oldest and most respected offshore financial centres in the world; the British Virgin Islands (BVI) are considered one of the premier offshore jurisdictions in the world.
Companies incorporated in the BVI are utilised the world over for international trade, property holding, personal service companies and asset holding vehicles. They are generally considered to be one of the most flexible corporate entities available.
The jurisdictions itself benefits from a British style legal system, common law legislation and has an excellent reputation for professionalism and credibility.
Some BVI business companies advantages for international trade
Going international: Today’s world economy is becoming more and more integrated, and business is increasingly showing a trend of cross-border development. The establishment of an overseas offshore company is a shortcut for companies to go global, develop multinational businesses, and enhance their international image.
There is no restriction on the identity of investors, shareholders and directors: there are no restrictions on the nationality, age and assets of shareholders and directors. Most offshore jurisdictions can accept legal persons as directors of the company.
Brand promotion: After registering an overseas offshore company, you can apply for an international trademark in the name of the company, which is protected by law.
Open an offshore bank account: You can open an offshore foreign currency account in all parts of the world, and you can apply for a letter of credit.
Stable offshore policy: The company renews its operation offshore in a timely fashion and can adjust its trading strategy accordingly if it needs to adhere to the policy of the company you operate in the home country.
It is possible to hold property capital: when the property or capital is transferred, it is only necessary to transfer the company’s equity and simply exempt from tax.