Налог на прибыль предприятий - 0%

Налог на доход с капитала (на дивиденды) - 0%

Налогообложение филиалов - 0%

Удержания с доходов (withhokding tax) - 0%

Taxes on corporate income and gains

Effective from 1 January 2005, companies incorporated и under the British Virgin Islands Companies Act are exempt from taxes under the British Virgin Islands (BVI) Income Tax Ordinance. The BVI Business Companies Act (BVI ВС Act) entered into force on 1 January 2005. This new act is essentially an amalgamation of the International Business Companies (1BC) Act and the BVI Companies Act, which contained the regime under which domestic companies were incorporated in the BVI. In addition, on 1 January 2007, all International Business Companies on the register in the BVI were automatically reregistered under the BVI ВС Act, and the IBC Act was repealed. §| All Business Companies (BCs) are statutorily exempt irom all taxes. However, such companies must pay an annual licence fee. In general, а ВС may not transact business with persons resident in the BVI or own interests in real property located in the BVI unless it obtains the relevant trade license from BVI government. А ВС may not carry on business as а bank, trust company, insurance company or reinsurance company if license from the BVI Financial Services Commission.

Fees and stamp duties

The following table summarizes the fees and stamp duties payments

Nature of fees and duties

Annual license fees Business Companies incorporated under the BVI ВС Act, with authorized share capital of

Up to US$50,000 or foreign-currency equivalent or authorized to issue up to 50,000 shares 350$

Exceeding US$50,000 or foreign- j currency equivalent or authorized to issue more than 50,000 shares 1.100$

General banking license 20.000$

Insurance company license 12.000$

General trust license 10.000$

 Restricted trust license 300$

The BVI does not have any foreign-xchange control regulations.

European Union Savings Directive. As a result of the BVTs status is a British Overseas Territory, it is required to comply with the «quirements of the European Union (EU) Savings Directive. Sanks and other paying agents in the BVI offer EU resident individuals the option of deduction of withholding tax or exchange of information.

Under the withholding tax option, banks and other paying agents automatically deduct tax from interest payments made to EU resident individuals. The following are the withholding tax rates: '^20%, effective from 1 January 2008 ' 35%, effective from 1 January 2011

Seventy-five percent of the above withholding tax is remitted to the tax authorities in the EU member state of the recipient, and the bаlanсе is paid to the tax authorities in the BVI.

The British Virgin Islands has not entered into any tax treaties.