How the EU killed the British Virgin Islands (영국령 버진아일랜드)
Since 2019 the British Virgin Islands (영국령 버진아일랜드) have adopted the Economic Substance (ES (에스)) regulations under the pressure of the European Union (EU). They apply to some specific activities (the “relevant activities”) which most people would use the BVI for (ie: holding companies). Any company or limited partnership has to show that either: it has an…