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British Virgin Islands

British Virgin Islands

The British Virgin Islands is rightfully considered one of the world leaders not only in the number of offshore company registrations, but also in the number of yachts and ships under the BVI flag. Every year the number of yachts and vessels that have the Red English Ensign granted by the British Virgin Islands is steadily increasing.

This is due to the following factors:

-The British Virgin Islands are under British sovereignty, which provides the BVI with economic and political stability;
-Yachts (vessels) registered under the BVI flag belong to the British Merchant Marine. This means that they automatically receive the diplomatic and consular protection of the UK and also the support of the British Navy (Royal Navy);
-Zero taxation in case of profit from the use of a yacht (vessel);
-Zero taxation in case of sale of a yacht (vessel);

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In working with clients, we use an individual approach, develop schemes and options for doing business, taking into account the specifics of the client's activities.