Business companies that are unlimited but cannot issue shares. The only money that an offshore company pays in the BVI is an annual fee which is paid to the relevant government authorities. In order to maintain this industry in a way that both appeals to companies searching for affordability as well as autonomy, yet remain on good terms internationally, BVI takes extra care to make sure it is not associated with any practices that may be considered illegal, such as money laundering and drug trade. The main characteristics of offshore tax havens is that they provide genuine secrecy and privacy for clients in financial and other services and that most of the clients are not citizens of such countries. I'm an internet entrepreneur, where should I incorporate my online business? Furthermore, its increasing popularity helps it to continue to bolster the success of offshore corporations.