BVI: Celebrating 30 years of the International Business Act


This month, the British Virgin Islands celebrate 30 years since the passing of its International Business Companies (IBC) Act. The success of the IBC Act has resulted in a thriving financial services industry in the BVI. More than one million companies have since been formed, incorporated or registered, with approximately half a million still active.

Since 1984, the BVI has developed into a reputable and responsive financial centre at the core of global trade. The BVI has evolved into a modern, forward-looking financial centre that has matured and garnered widespread international recognition. The jurisdiction has successfully combined local and overseas expertise, offering a diverse range of innovative, high-quality offshore services, products and professional services.


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