British Virgin Islands Business News

The analysis of the latest events in BVI and worldwide, affecting BVI business environment; facts and statistics on BVI International Business Companies involved in global business activities.

Wednesday, April 16, 2008

BVI Becomes Popular for the Registration of Non-UK Companies Listed on London AIM

On April 11, a report was released by Hemscott, revealing the current positions of the BVI as the 4th most popular country of registration for non-UK AIM 100 companies by company count and 3rd most popular by market capitalization.

So, BVI is becoming increasingly popular for AIM companies, and is globally accepted as a sophisticated jurisdiction for the incorporation of offshore business companies. Due to its flexible regulatory regime and beneficial corporate legislation, BVI became the most popular offshore companies jurisdiction in the world, having formed more than 850,000 offshore companies during these years.

One of the leading BVI law firms Harney Westwood & Riegels expressed enthusiasm about great market success of BVI companies. According to Harneys partner Leonard Birmingham, BVI companies are “reliable vehicles for AIM listings that enjoy considerable investor confidence”.

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