Tuesday, February 14, 2006

Why British Virgin Islands IBC’s are so popular?

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
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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