Specialist in British Virgin Islands (BVI) Company Formations
We provide BVI offshore company formations and related services to clients worldwide. We are specialist in tax exempt BVI Companies. All aspects of the incorporation and post incorporation process can be completed on-line and via email. Professional personnel are available to help you on-line and off-line.
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Offshore Company Land NewsLetters?


Is there a different tax rate for offshore and local BVI companies?   
Staff writer:
November 5, 2012

No. There is no different tax rate for BVI offshore companies and local BVI companies. All companies in the BVI are incorporated under the BVI Business Companies Act, whether they are used locally or as an offshore company and have the same Zero corporate tax rate. 

Some jurisdictions have different tax rates for local companies and offshore companies. The BVI used to have separate tax rates as well. Jurisdictions also stipulate what an offshore company can and cannot do within the jurisdiction where it was registered. 

The offshore jurisdictions with the Zero tax rate for offshore companies and a higher tax rate for onshore companies are unwilling to forego the current tax revenues they are receiving from their locally operating companies.          

If you have any questions about the above, send us an email.