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| ► The BVI are a British Overseas Territory, and this provides for the country
◄ ► exceptional political and economical stability and higher standard of living
◄ ► than in most countries of the region. This is
◄ ► an ideal financial and tax planning centre for international business
◄ ► that is seeking less publicity and more confidentiality.
◄ ► The BVI offshore IBC formation legislation was implemented in 1984
◄ ► and is constantly developed according to the demands and
◄ ► requirements of international offshore community.
◄ ► Personal privacy of any shareholder or director is well protected as their names
◄ ► do not appear in any BVI incorporation documents and public records.
◄ ► In their turn, shareholders and directors
◄ ► are ensuring confidentiality of beneficiary owners.
◄ ► The International Business Company is a corporate formation
◄ ► with limited liability, conducting no business in the BVI,
◄ ► fully exempt from the BVI income taxes and
◄ only paying annual nominal fee to the government.
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