BVI ranks high in the list of tax transparency jurisdictions
According to the latest report from the OECD’s Global Forum, BVI ranks amongst many other well respected jurisdictions such as United States, Singapore, United Kingdom, Germany and Netherlands regarding Transparency and Exchange of Information for Tax Purposes.
The commitment and dedication of BVI to reach international standards has been recognized by this ‘large compliance’ and the high rating. Meanwhile, the rating also confirms BVI’s determination to qualify the territory’s services and product in the global arena.
Furthermore, Dr. the Honourable D. Orlando Smith, Premier of BVI House Asia, highlighted,
“We are still in the right place and at the right time. The BVI is immensely proud and fortunate to have been working with Asian businesses and individuals as they achieved economic success and Asia experienced incredible growth over the last 25 years.”
BVI Premier Smith also said, “The BVI remains at the forefront of international corporate structuring for cross-border transactions and investing worldwide.”
In such context, BVI is an ideal jurisdiction for doing business worldwide that cannot be neglected. This excellent image is built by the distinctive characteristics of the BVI, such as internationally compliant regulations, a familiar legal system based on English common law, and tax neutrality. These attractive features make BVI amongst the top jurisdictions for pooling capital globally and investing the capital in markets with political risks and legal barriers.
If you are looking to start your global business in BVI, do keep Healy Consultants Group PLC in mind as we have a team of in-house experts to help you set up in BVI. You can contact our business experts at
Image credit: “Pavilion Beach Scrub Island Resort, Spa & Marina, 2012” by Scrub Island Resort – Mainsail Lodging and Development. Licensed under Public Domain via Commons.