Are the BVI dead when it comes to tax planning for new business ?

[alain]

Wondering what happened to them since it's only very little we read and hear about the island?? Would you prefer something else if so what's your choice of today?

 

[buzzoffshore]

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.

 

[firestorm]

British Virgin Islands is ranked at 20th position on the 2013
Financial Secrecy Index. This ranking is based on a combination of its secrecy score and a scale weighting based on its share of the global market for offshore financial services.


British Virgin Islands has been assessed with 66 secrecy points out of a potential 100, which places it in the mid - range of the secrecy scale (see chart 1).

source http://www.financialsecrecyindex.com/PDF/BritishVirginIslands.pdf


You may think in other terms than Internet business only

 

[JohnSeed]

They are still valid as tax heaven for various investment businesses.

 

[alain]

source http://www.financialsecrecyindex.com/PDF/BritishVirginIslands.pdf


You may think in other terms than Internet business only

thanks, you may be right

 

[JohnLocke]

It's not worth looking at the BVI any longer, very tighten DD procedures they put in place and complicated too!

 

[alain]

It's not worth looking at the BVI any longer' date=' very tighten DD procedures they put in place and complicated too![/quote']
thanks for your input Admin... have been looking for alternative jurisdictions for some time.

 

[JohnLocke]

thanks for your input Admin... have been looking for alternative jurisdictions for some time.

Alternatives could be Anguilla, Cook Islands and such places.

 

[alain]

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?