The British Virgin Islands is an insular cluster situated northwest of the US Virgin Islands and a major International (offshore) investment hub, just like the Cyprus jurisdiction. They are not part of any direct tax treaty network, however Japan and Switzerland include it in their respective treaties with the UK. The government is zealously supporting International (offshore) investment into a range of activities, like food processing, film production, beverage production, yachting services and even e-commerce.

The British Virgin Islands is a very popular Caribbean corporate registration jurisdiction, attracting International (offshore) investment due to its various tax incentives that include no capital gains tax, no estate duty, no dividend withholding tax, no capital transfer tax and no death duties. Additionally, the British Virgin Islands have adopted a low tax regime, with a corporate tax at a flat rate of 15%, which can be lower in certain cases.