auric said:
This is actually not the first time we hear about it! You can find endless threads about BVI company formation! It is a no go and should be avoided at all costs!
Once you have your company there it will last for 1 year and then get killed if you don't provide additional documents which are even more complicated to get than what they asked for while you was in the registration process.
The BVI has developed tougher regulation to businesses and investors that want to incorporate their business there. They only want large operations and rather avoid the small ones.
I can only say stay away from any company registration in the BVI.
Your idea with Dominica is fine, great alternatives would be Gibraltar, Costa Rica, Cook Islands and even Ireland is better!
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