Why are so many financial investment companies in the Virgin Islands?
October 28, 2009 by
Filed under investment companies
I am considering some investment companies that deal in forex. I have noticed that a lot are located in the British Virgin Islands. I have found a couple that I would like to do business with, but I am curious as to if there is a particular reason that they are located here and if there is any reason to be concerned about this. Thanks!!!
probably no corporate income taxes for those companies
unless you already invest in stocks, bonds and or mutual funds and are very successful at that, currency trading is the last thing you should be considering – you can lose money just as easily as make money and with currency conversion fees, you are more likely to lose money doing that
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