BVI taxation regulations:

Any income generated by companies outside BVI is free of any tax.

• profit, dividend, interest, royalty tax – 0%;
• capital gains tax – 0%;
• tax at the source of payment of the above income – 0%;
• value added tax – 0%;
• personal wealth and estate tax – 0%.

All companies are liable to pay the annual licence fee:

– $350 if the number of issued shares is up to 50,000;

– $1,000 if the number of issued shares exceeds 50,000.

Double taxation treaties:

Double taxation treaties with the United Kingdom, Japan and Switzerland are applied to non-resident companies only and do not apply to offshore companies.

For more information on the registration and administration of BVI companies or in any other jurisdiction, please contact our experts.