The British Virgin Islands (BVI) has proven to be an advantageous location for international business. The BVI has a long history of political and economic stability as a British Overseas Territory and has more than 500,000 entities established. It is the jurisdiction of choice for personal holding companies, and now, mutual funds and fund management companies.

The BVI's many tax advantages include no wealth, capital gains or estate taxes. There are no exchange controls or restrictions on movement of currency through the BVI. Despite the tremendous growth of the BVI as a popular international financial centre, government license fees and associated fees related to the operation of BVI companies have remained quite reasonable.

One primary reason for the BVI's rapid and sustained growth in recent years as an international financial centre is due to the relative simplicity, flexibility and multiple uses of the BVI Business Company, which benefits from a tax-free status.