IBC Act

Once upon a time, in the BVI, A law was passed, oh my, oh my! The International Business Companies Act, It brought about a brand-new pact. This statute allowed, with great delight, The incorporation of IBCs, shining bright. Companies from all around the globe, Could set up shop, and freely roam. In the 1990s, it played a role, In the Territory's economic goal. The Act brought development, far and wide, And helped the BVI's financial tide. They called it the most important, you see, Piece of legislation, since emancipation, so free. It paved the way for offshore finance, And put the BVI in a global dance. The IBC Act was copied, oh so wide, By other centres, with great pride. It sparked a trend, a legal sensation, And brought prosperity to many a nation. Random page: JRD Tata Award