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Thread: BVI (British Virgin Islands)

  1. #1
    Silver Member Norri's Avatar
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    BVI (British Virgin Islands)

    A while ago, Peter Carruthers talked about moving your SA-based business to the BVI for the tax-breaks and a break from all the red tape South African businesses tend to face. Specifically, these things appeal to me:

    • No tax I'd of course still have to pay tax on money I earn from the business, but that still means I get to enjoy a larger piece of my pie.
    • No bookkeeping requirement. It's just not a requirement there, like it is here.
    • International appeal. US folk will trust a BVI company more than an African company - regardless of country.


    My business is 100% online and there is no good reason for me to keep it in SA as far as I can tell.

    Does anyone know of a reputable company that can help me with incorporating in the BVI and what the costs involved are likely to be?

    Has anyone investigates this extensively and share experiences?
    Norio De Sousa - Done4U.co.za (Web Design & Copywriting)
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    Silver Member Norri's Avatar
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    Here's some extra info I've found to help others who have just heard of this for the first time:
    http://www.myoffshorecompanies.com/faq/
    Norio De Sousa - Done4U.co.za (Web Design & Copywriting)
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    www.fletcherkennedy.com in UK handles majority of our international company registrations
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    Silver Member Norri's Avatar
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    Thanks, their pricing looks decent enough.
    Norio De Sousa - Done4U.co.za (Web Design & Copywriting)
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