BVI represented at global tax transparency summit in London

BVI represented at global tax transparency summit in London

 

Benito Wheatley, British Virgin Islands’ UK representative, highlighted the territory’s value as an international finance centre stating, “The value proposition the BVI as a jurisdiction offers in the world economy is the legal certainty provided by the territory which practices English Common Law and is the headquarters of the Eastern Caribbean Supreme Court Commercial Division with appeal available to the Privy Council in the UK.”

He added, “Our corporate vehicles allow investors internationally to pool capital and invest in developing countries which urgently need capital to develop their economies and would otherwise not receive.”

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