27/03/24

Practical Considerations For Blockchain Businesses In The BVI

Setting up and running a business in the virtual assets sector is no easy feat, but selecting an appropriate jurisdiction for a blockchain project will inevitably save time and therefore cost. The British Virgin Islands (BVI) has emerged as a leading jurisdiction in this space, offering cryptocurrency trading vehicles, token issuers, virtual asset service providers, and other types of blockchain businesses, a cost-effective solution, with a reliable legal system, tax neutrality and a high level of confidentiality being added benefits.