The British Virgin Islands (BVI) are a group of about 46 small islands in the Caribbean Sea, Tortola being the main one. The islands are located about 60 miles (97 kilometers, approximately) east of Puerto Rico and have a population close to 24,000 inhabitants.
Although the BVI have independent jurisdiction, they remain a British colony and their foreign relations remain under the protection of the United Kingdom. Its economy is essentially based on tourism and international trade.
Business companies (BBC) of the British Virgin Islands that do not conduct business activities within the BVI have the following benefits: