British Virgin Islands or BVI Offshore Company Setup is considered to be one of the most important and well respected offshore business formation centers in the world.British Virgin Islands duly adopted the International Business Companies Ordinance in 1984 which marked their entry into the jurisdiction of offshore financial services. Over the years, hundreds of companies chose to set up their centers in the British Virgin Islands region due to the distinct advantages provided by it.
The BVI offshore region has set up a very high standard for the offshore industry in general which is currently emulated by other offshore regions of the world. Not only are the tax laws in BVI lenient enough for all offshore companies to expand their businesses but the region also offers plenty of other distinct benefits as well. Currently British Virgin Islands have the largest number of incorporated and registered offshore business firms among all offshore business jurisdictions in the whole world.