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What is a BVI company

Resolved Question:

What is a BVI company?
Submitted: 6 years ago.
Category: Business Law
Expert:  MShore Law replied 6 years ago.
Thank you for the post, a BVI Company is a British Virgin Islands company, generally an offshore Company. U.S. citizens form BVIs for many reasons, including:

1) security of assets;
2) protection of the corporate assets for the benefit of its creditors and its members
3) exemption from all local taxes and stamp duty
4) confidentiality and anonymity
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