Dr. the Honourable D. Orlando Smith OBE
Premier of the Virgin Islands

Premier’s Office

3rd Floor Central Administration Complex
East Wing

33 Admin Drive
Road Town, Tortola VG 1110
British Virgin Islands
 

BVI Signs 27th Tax Information Exchange Agreement With South Korea

Tuesday, 9 December 2014 - 3:45pm

The Government of the Virgin Islands has taken further steps in strengthening its international relations by signing a Tax Information Exchange Agreement (TIEA) with the Government of South Korea.

The TIEA will enable the two tax authorities to have greater ability to exchange information for tax purposes in accordance with internationally agreed standards

Telephone: 011-852-3468-8533

Fax:  011-852-3107 0019

Physical Address:

Suite 5106., 51/F., Central Plaza
18 Harbour Road, Wanchai, Hong Kong

Email: elise.donovan@bvihouseasia.com.hk

 

Telephone No.: 011-44-207-355-9570

Fax: 011-44-207-355-9575

Address:

15 Upper Grossvenor Street

London, W1K 7PJ

Web: www.bvi.org.uk 

Mailing address:    

Government of the Virgin Islands  
Central Administration Complex   
#33 Administration Drive
Road Town, Tortola, VG 1110
 

Physical Location:

Between the Cruise Pier and Maria’s Hotel by the Sea, (near Waterfront Drive) across from Banco from Banco Popular

Premieroffice@gov.vg

• Mrs. Carolyn O'Neal Morton, PhD – Premier’s Office

• Mr. Glenroy Forbes – Ministry of Finance

• Mrs. Sharleen Dabreo-Lettsome – Deputy Governor’s Office

• Mrs. Carolyn Stoutt-Igwe – Ministry of Education, Culture, Youth Affairs, Fisheries and Agriculture

• Mr. Ronald Smith-Berkeley – Ministry of Transportation, Works and Utilities

• Mrs. Marcia Potter, PhD – Ministry of Natural Resources, Labour and Immigration

Pioneer Status refers to the status conferred on an individual or business when they have been declared a pioneer investor to engage in a pioneer enterprise or service by Cabinet under the Pioneer Services and Enterprises Ordinance (Cap 297).   

The Pioneer Services and Enterprises Ordinance (Cap 297) was instituted to encourage investment in various sectors of enterprises and services to enhance the development of the Virgin Islands by providing tax and customs duty relief. 

The Hotel Aid (Amendment) Act, 2005 provides the list of eligible items in the First Schedule to the Ordinance.

The Hotel Aid (Amendment) Act, 2005 defines hotel as: “any building or group of buildings (including all structures appurtenant thereto or within the cartilage thereof) used or intended to be used for the accommodation of guests for gain or reward and containing, or intended to contain when complete, not less than three bedrooms for the accommodation of such guests.”

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