Fiduciary Services in the British Virgin Islands - Ogier

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ogier.com Ogier Fiduciary Services in the BVI | An introduction to working with us 2
Ogier Fiduciary Services in the BVI | An introduction to working with us ogier.com Why choose BVI? The British Virgin Islands (“BVI”) is a stable and mature financial centre with a distinctive and professional legal and regulatory framework. Since its inception as a financial services jurisdiction in the 1980s, the BVI has grown exponentially on many fronts, namely it has: • Incorporated in excess of 900,000 companies • Become the 2nd largest domicile for offshore funds • Introduced innovative trust solutions for its private client offering such as VISTA (Virgin Islands Special Trust Act) and updated its Private Trust Company legislation to clarify when a PTC does not require additional licensing. BVI’s dominance as the pre-eminent provider of offshore companies was enhanced by the Hong Kong Stock Exchange giving approval for BVI companies to list on its exchange, which allows a straightforward IPO exit in Asia without significant prior restructuring. BVI’s familiar English common law system, coupled with its sophisticated and efficient regulation, and the added safeguard of having the Judicial Committee of the Privy Council as the ultimate court of appeal, makes the BVI a very popular jurisdiction when clients wish to set up offshore structures. The BVI stands out because: • Ease of incorporation (same day) • Fast and efficient online service provided by the Registry of Corporate Affairs • Quality of law firms and fiduciary providers resident in BVI • Relatively low cost of carrying on business compared to many of its competitor jurisdictions • Tax neutrality • Straight forward legislation and regulatory regime • Fits the U.S. ‘check the box’ requirement • Register of members and register of directors are not public documents. • Tried and tested jurisdiction. Ogier Fiduciary Services (BVI) Limited (“OFS BVI”) is Ogier’s fiduciary services company in the BVI and is regulated by the Financial Services Commission (“FSC”) as a Class I Trust Company under the Banks & Trust Companies Act. We pride ourselves on delivering a fast and reliable service to our clients coupled with the quality you would expect from a leading international fiduciary organization such as Ogier Fiduciary Services. Our reputation for excellence is backed by a long list of industry accolades, as awarded by third party commentators, clients and competitors. “Tax neutrality” 3
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Fiduciary Services in the British Virgin Islands - Ogier

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