…more than 800 000 Companies have been registered in the British Virgin Islands (BVI)?

As of June 2008, 823,502 companies had been registered in the British Virgin Islands as of of which 445,865 were ‘active’. In 2000 KPMG reported in its survey of offshore jurisdictions for the United Kingdom government that over 41% of the world’s offshore companies were formed in the British Virgin Islands.

Register a Offshore Company in Belize,BVI,Cyprus or the Seychelles, the ultimate place, read now!

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This is a press release from CCLOGIC Ltd
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(Free-Press-Release.com) January 28, 2010 — CCLOGIC Ltd is offering professional services towards businesses, private investors and individuals considering moving their activities offshore, whatever activity one may be into, investments, online business, selling of gods and services or takeover of competing or synergy companies, we provide the service one will need to achieve the goals.

CCLOGIC Ltd is offering their services as following:

Belize Company Formation , we register a company in Belize, compared to many on the competitors we deliver the real thing, means original corporate documents with apostille, original company certificates and a memorandum of articles.

BVI Company Formation , since we know many are looking in the direction of the British Virgin Islands we have partnered with one of the most reliable law firms on the BVI to register BVI Companies, again, we will provide you with a comprehensive package including the original corporate documents, company certificates and a standard memorandum.

Cyprus Company Formation , since we are located our self in Nicosia, Cyprus, then we are directly on the source to the different authorities who official register the companies in the companies register in Cyprus, when ordering a Cyprus Company through us, you will get an impressive package of original corporate documents with apostille, company certificate and a “REAL” office address with real people, not just “a plate on the wall” – we have a unbeaten service level when it comes to a Cyprus Company Formation.

Seychelles Company Formation , due to a very tight partnership with one of the leading law firms in the Seychelles we are able to provide a quality package with original corporate documents with apostille, a company certificate and a office address in the Seychelles, again, compared to the many competing organizations or rather pure websites, we deliver what we promise, no crap, but only a quality package with a set of corporate documents.

Offshore Bank Accounts and Cyprus Bank Accounts
When it comes to offshore banking and Cyprus banking we are a leader in providing such services, regardless which bank you want to open your bank account with in Cyprus (northern side) we can help you to do so, if you need a Bank account in the Bahamas or Seychelles we can do so and all ONLY WITH RELIABLE banks, no hunk or bogus bank accounts like the pure other service providers provide! We have seen a lot and it is not good, on a daily basis we receive many enquiries from clients which are that dissatisfied because they got trapped and now want to start from the beginning, that we feel we have to defend our business and industry.

Above are all very professional services offered by one of the most reliable service agency, CCLOGIC LTD, don’t let you be fooled into the many fake organizations and websites out there which promise you the same for the half of the price, look at it in this way, if you want a Mercedes or BMW you don’t buy a Toyota just because it looks like the Mercedes or BMW, no, you take the real thing and will drive safe and secure through the traffic.
CCLOGIC Ltd has specialized in the formation of real offshore companies and the opening of real offshore bank accounts with reputable partners and financial institutions/banks that have a I high grade of Trust and credibility to the many thousands of clients served during many years. CCLOGIC Ltd is only entering into a business relationship with new clients if we feel comfortable and feel that our new client has got all the help they need to take decision to proceed, we never oversell or sell any of our services just to make more profit, we want our new clients to sit back after a business deal with the feeling they really got value for their money and are 100% satisfied.

New Legislative Provisions to Come Into Effect Shortly in the British Virgin Islands (BVI)

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This is a press release from the British Virgin Islands Financial Services Commission
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Tortola, British Virgin Islands – 15 January, 2010 – The British Virgin Islands Financial Services Commission today announced that several new legislative provisions will become effective shortly including the Insurance Act, 22008, the Financing and Money Services Act, 2009 and the Regulatory Code, 2009. The effective dates for the Insurance Act, 20008 and the Financing and Money Services Act, 2009 are as follows:

Insurance Act, 22008 EFFECTIVE: 1 February, 2010 Financing and Money Services Act, 20 09 EFFECTIVE: 31 March, 2010
The Regulatory Code, 2009 will also come into effect on 1 February, 2010.

The Insurance Act, 2008 replaces the Insurance Act, 1994 and the Insurance Regulations, 2009, which were gazetted on 22 December, 2009, replace the Insurance Regulations, 1995.

The Insurance Regulations were made by Cabinet, acting on the advice of and in consultation with the Commission, according to powers granted by section 82 of the Insurance Act, 2008. The Insurance Regulations, 2009 provide more details for classifications for insurance business, maintenance of registers and specifications for what constitutes public record.

A legislative framework for the licensing, regulating and supervision of persons who engage in the provision of money or value transfer services is provided by the Financing and Money Services Act. The Act brought the Territory into full compliance with the Financial Action Task Force’s (FATF) Recommendation 23 which among other things requires that natural and legal persons who provide money or value transfer services or money or currency changing services should be licensed or registered.

The Financing and Money Services Act establishes a transition period of six months from the date the Act comes into force for existing business to make the required application for licensing to the Commission. The Commission is urging all persons with business activities that now fall within the ambit of the Act to contact the Commission as the commencement of the regime for licensing makes it an offence to carry on those activities without a licence.

Interested persons may obtain a copy of the Financing and Money Services Act, 2009 and all other financial services legislation from the Commission’s website, www.bvifsc.vg.

For further information, please contact:
Corporate Communications BVI Financial Services Commission Pasea Estate, Tortola, British Virgin Islands Tel: (284) 494-4190 Fax: (284) 494-5016 Email: corpcomm@bvifsc.vg