Are the BVI dead when it comes to tax planning for new business ?
- Thread starter alain
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Looking at the benefits of The BVI there are still many. For instant max securing of assets so the ability to transfer domicile. In addition the director can transfer assets to a foundation or trust or any other entity at any time and mere or conslidate with any other company or international corporation in another accommodating jurisdiction.
The company don't pay any tax as long as it do business abroad.
As you may read, it's still of great benefit to have your company there.
The company don't pay any tax as long as it do business abroad.
As you may read, it's still of great benefit to have your company there.
source http://www.financialsecrecyindex.com/PDF/BritishVirginIslands.pdf
You may think in other terms than Internet business only 🙂
It's not worth looking at the BVI any longer, very tighten DD procedures they put in place and complicated too!
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Alternatives could be Anguilla, Cook Islands and such places.
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Does Cook Islands help you protect you privacy you think? What about the new offshore jurisdiction in the USA RENO you know details about it. According to the articles I read from Bloomberg they guarantee total privacy no requirements to deliver passport copy or anything else?
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