Specialist in British Virgin Islands (BVI) Offshore Company Incorporations
Personal tax status and BVI company tax status.
Your personal tax status and the BVI company tax status are not related. Companies that are controlled by a single person acting as the director and shareholder may think that the zero tax rate applies to them personally since they are operating like a sole proprietorship. This is not the case. The BVI company is a separate entity, and your personal tax status depends on your country of citizenship and residency.