5 business formation terms starting with B: plain-language definitions for founders incorporating across jurisdictions.
BVI Business Company is a flexible British Virgin Islands company governed by the BVI Business Companies Act, widely used for joint ventures, holding structures, and private SPVs because of its simplicity and English-common-law base.
Base Erosion and Profit Shifting is the OECD-led project addressing tax planning strategies that exploit gaps and mismatches between tax rules to shift profits to low-tax locations.
Besloten Vennootschap is the Dutch private limited liability company, the standard Dutch operating and holding company form for SMEs and foreign-owned subsidiaries.
Bilateral Tax Treaty is an international agreement between two states that allocates taxing rights over cross-border income and provides relief from double taxation.
Branch Office is a foreign extension of a parent company that conducts business locally without forming a separate legal entity.
