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US Virgin Islands is not a tax haven or offshore jurisdiction, but USVI companies (or corporations) could be established as "USVI Exempt Companies" with partial or full exemption from local and US federal income taxes.
Related Fee(s) Wholesale (throughout the Territory)$600.00 per annumClub$500.00 per annumBeer Licence (in Road Town)$50.00 per annumBeer Licence (outside of Road Town)$35.00 per annumTemporary spirits permits$10.00 per day10 more rows
To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA).
Tourism, trade, and other services are the primary economic activities, accounting for nearly 60% of the Virgin Island's GDP and about half of total civilian employment.
To get started: Create a business plan. Register your trade name and/or corporation with the Office of the Lieutenant Governor. Select a good location and obtain a copy of an unsigned lease or letter of intent from the owner. Obtain a business license from the V.I. Department of Licensing and Consumer Affairs (DLCA)
To start a business in the U.S. Virgin Islands you will need to obtain a business license from the Department of Licensing and Consumer Affairs (DLCA). DLCA will complete the "One Step" review process with the following government agencies: Police Department. VI Bureau of Internal Revenue (tax clearance)
Average salary in the Virgin Islands by city and county Croix, St. Thomas, and St. John, as well as several smaller islands. Data is not provided in the same way as for other traditional states but average household income for St John Island is $40,644, St Thomas is $38,232 and St Croix is $36,042.
Any trademark to be registered in the USVI must already be fully registered in the United States. For any application in the USVI, the applicant must provide to the USVI Division of Corporations and Trademarks a Certified copy of the corresponding United States Certificate of Registration.