Source:
https://scmp.com/news/hong-kong/article/1213467/british-virgin-islands-picks-hong-kong-be-its-asia-hub Hong Kong
British Virgin Islands picks Hong Kong to be its Asia hub
British Virgin Islands, said to be world's No 1 home for hidden assets and key transit point for mainland money, picks city as Asia hub
The British Virgin Islands, a haven of secrecy for those who don't want to disclose who owns businesses, is coming to Hong Kong. Photo: SCMP
The British Virgin Islands has chosen Hong Kong as its headquarters for a new push into the Asian market as it faces a global storm linked to a massive leak of client data and claims of secrecy, tax evasion and hiding assets.
Next month, the leader of the British overseas territory - reckoned to be home to more than 40 per cent of the world's offshore registered companies - will be in Hong Kong to open an official investment arm in the city.