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Basing a company in BVI and living there

AskBasing a company in BVI and living there
BVI Newbie asked 4 years ago

I’ve recently been looking at the possibility of moving my online service based company broad, along with myself. I wondered if anyone had ever done this to bvi? I know there’s loads of ‘offshore’ options to people who want to remain in their home country, but not seen much information for those considering relocating to bvi with their service business. To add some addition info, the company can be ran from anywhere with an internet connection and a laptop. I wouldn’t be looking to employ in bvi, as I have freelancers across the world carrying out various tasks. I’m currently based in the UK and am British. Also in my late 20s (not sure if age plays a part with visas etc!?)

The second question would be tax. I read somewhere that it was around 8%, but not looked into this too much just yet so any assistance with that side if things would be great!

Thanks in Advance
Mark

Stephen Leslie France replied 4 years ago

Hi Mark,

Thanks for your question – Will get back to you shortly with an answer.

Kind Regards,

Mark replied 4 years ago

Hi Stephen,
Thanks. I’ll look forward to your response.

Stephen Leslie France replied 4 years ago

Hi Mark,

With regard to moving your company to the BVI – This is unlikely as one of the first things about having a company in the BVI is employment of the local community.

With regard to tax breaks, the best contact information I can provide is http://www.ballastandcapeljobs.com/Services.aspx

Best Wishes,

Nick Cunha replied 4 years ago

Try this site out. http://bvi-company-registration.com/. Apparently there are various online “Buy online BVI Company services,” offered by resellers. http://bvi-company-registration.com/ do not sell online and they are not middlemen. Most common complaints include communication delays (weeks/months instead of hours/days), hindering effective execution of client needs.

Mark replied 4 years ago

Thanks for the feedback nick and stephen! I’ll check a few things out and get back to you. I really appreciate the help

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