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The British Virgin Islands has engaged in bilateral and multilateral agreements to facilitate tax cooperation and information exchange with other countries and jurisdictions. These agreements enhance the territory's credibility as a responsible financial center and provide a framework for addressing cross-border tax-related challenges.
The British Virgin Islands requires its residents to register their motor vehicles and display vehicle registration plates. [1] Many plates have 'Virgin Islands' and 'Nature's Little Secrets' above and below the sequence respectively.
Postal codes in the British Virgin Islands are used by the British Virgin Islands postal service, BVI Post, to route mail in the island Postal codes are composed of a country code, "VG", and four digits. [1] There are six postal codes in use:
register or a list of a specified type of regulated entities or activities — contains entries on companies officially authorized to perform a specified type of business, where prior obtaining of a permit, a license, a concession, or registration on such a list or register is a prerequisite required by law. Depending on situation, regulation ...
The Old Post Office, Road Town, Tortola During the early 1800s Tortola became a key port for the postal network in the Caribbean. In fact, Road Town, the main port of the British Virgin Islands, was the last stop on the return leg of the "Leeward Islands Packet" as well as a very important transfer point for mail boats connecting British islands in the Lesser Antilles.
The British Virgin Islands legislature is the House of Assembly. Prior to the adoption of the new constitution in 2007 the legislature was called the Legislative Council. General elections are conducted every four years (unless the House is dissolved earlier, either as a result of a vote of no confidence or otherwise).
The British Virgin Islands company law is the law that governs businesses registered in the British Virgin Islands. It is primarily codified through the BVI Business Companies Act, 2004, and to a lesser extent by the Insolvency Act, 2003 and by the Securities and Investment Business Act, 2010. The British Virgin Islands has approximately 30 ...
The British Virgin Islands also operates as a domicile for captive insurance services, but a prolonged period of overzealous Government regulation combined with the Government's increasing pressure to hire only locals ("belongers") in the insurance industry decimated the industry. Official reports from the Financial Services Commission reflect ...