BVI - Leading Offshore Jurisdiction for JVC's

Robert J.D. Briant • Posted 22/05/2008 • Under Articles

BVI - THE LEADING OFFSHORE JURISDICTION FOR JOINT VENTURE COMPANIES

The British Virgin Islands is experiencing a boom in joint venture work, both reflecting the increased globalisation of the world and the fact that the British Virgin Islands is the ideal jurisdiction to structure a cross border joint venture company. This paper looks at the type of joint venture companies being launched in the British Virgin Islands, why the British Virgin Islands is the preferred jurisdiction for these types of vehicles, and some of the issues to consider when structuring a joint venture company in the British Virgin Islands.