British Virgin Islands companies generate $14bn in tax revenues globally says new report

The British Virgin Islands is home to a "globally respected international business and finance centre" facilitating an estimated $1.4trn in cross-border trade and investment, according to a new report launched today (29 March). ‘Beyond globalisation: The British Virgin Islands contribution to global prosperity in an uncertain world', revealed that are currently just over 375,000 active BVI Business Companies, roughly 57% originating in Asia and 16% from Europe and North America.  The quantitative and qualitative research of firms operating in the BVI was done by UK consultancy Pragmat...