Virgin Islands, U.S. Franchises

The U.S. Virgin Islands could be the ideal location to realize your dreams of starting your own business. The U.S. territory offers many enticements for businesses, particularly in terms of taxes. The infrastructure and workforce on the island also serve as incentives to entrepreneurs.

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Facts About Virgin Islands, U.S.

Capital: Charlotte Amalie
Year of Statehood: 1666
Largest Cities: St. Croix, Charlotte Amalie, Cruz Bay
Motto: United in Pride and Hope.
Nickname: Island of Enchantment
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Discover Business Success in Paradise

  • For qualifying companies, the U.S. Virgin Islands offers a 90% reduction in corporate income tax and a 90% reduction in personal income tax. (source)
  • There's a 100% exemption on excise tax, property taxes and gross receipts tax in the U.S. Virgin Islands. (source)
  • The U.S. Virgin Islands has no state or territory tax. (source)
  • Across the territory, the U.S. Virgin Islands has fiber-optic broadband for high-speed Internet access.

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