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Legislation in the BVI

  • Incorporation time: 2 days
  • Shelf companies: Yes
  • Accounting: No
  • Secretary: No
  • Nominee Shareholder: Yes
  • Nominee director: Yes
Tax 0%
1 USD = 0.73 €

Employment Legislation in the British Virgin Islands

Employment legislation in the BVI is almost non-existent. There are no trade unions or minimum wage. In spite of this lack of legislation there are certain employment standards including the fact that employees must be registered with the Social Security Board. The retirement age is set at 65 years, subject to having made 250 weeks’ contributions. Social security contributions are split between 4.5% for employers and 4% for employees.

British Virgin Island’s Political Data

The Queen of the United Kingdom appoints the Governor of the BVI (William Boyd McCleary), who names his Prime Minister (Ralph T. O’Neal). Together, they exercise executive power.

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