Though there are many benefits which you can avail from BVI jurisdiction for business set up, but apart from the business incentives there are other two major incentives that jurisdiction give to foreign business.
The BVI jurisdiction is the favourable jurisdiction for a BVI company formation as the benefits given by a BVI jurisdiction is just incomparable and make it as one of the most feasible choices of the foreign investors to pick for setting up of a BVI company. In view of the tax policies, opting this jurisdiction will definitely bring positive results along with other two major incentives that surely makes the British Virgin Islands a highly compatible option for setting up a business.
It is now almost known that the entrepreneurs and foreign investors who set up their business in he BVI jurisdiction don't actually reside on the island and in order to handle this situation, the BVI is usually being accessed by plane and for this there are 4 airports on the islands from which two have paved runways and also there you can find paved roads or use a ferry for moving in between the islands.
Usually, the people staying on the BVI islands are known by the name of British Virgin Islanders. The population of the BVI is approximately 24, 491 estimated in 2009 which is growing at a rate of 1.83% from which 80% of the population belongs to black ethnicity and fewer than 10% population belongs to white ethnicity. The language spoken on the island is English and most of the population of the island is educated and well-off.
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