International Business Companies Act
The International Business Companies Act, 1984 was a statute of the British Virgin Islands which permitted the incorporation of International Business Companies (IBCs) within the Territory. The Act played in a huge role in the economic and financial development of the Territory in the 1990s.
The original Act was copied widely by other offshore financial centres.
Read more about International Business Companies Act: Enactment, Growth, Repeal, External References
Famous quotes containing the words international business, business, companies and/or act:
“International business may conduct its operations with scraps of paper, but the ink it uses is human blood.”
—Eric Ambler (b. 1909)
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—Mark Twain [Samuel Langhorne Clemens] (1835–1910)
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—Benjamin Harrison (1833–1901)
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—William James (1842–1910)