Tuesday, February 14, 2006

Why British Virgin Islands IBC’s are so popular?

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We will return to the figures and facts confirming the wide popularity of BVI companies very soon, but before diving deeper into the sea of topical offshore issues, I would propose just a short digression.

Do you know that there are many people who mix up BVI and IBC terms or consider them to be synonymous?

BVI = British Virgin Islands;
IBC = International Business Company, the base brick used to build the most complicated offshore structures.

How do you like the phrase that many offshore incorporators used to hear from their customers:
I would like to incorporate a Seychelles BVI
or:
Do you think that a Panama BVI is better than an Anguilla BVI?”.

Sounds funny but who says that the most part of the real life is not a fun?

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