The chambers of commerce and industry organizations in the British Virgin Islands play a significant role in the territory's economic landscape. By representing the interests of businesses, advocating for favorable policy reforms, and promoting the BVI as a prime destination for business and tourism, these organizations are instrumental in the continued growth and development of the BVI's economy. Their ongoing efforts contribute significantly to the resilience and vibrancy of the BVI's business community.
Key Chambers of Commerce and Business Associations in the British Virgin Islands
The BVI Chamber of Commerce and Hotel Association (BVICCHA)
The BVICCHA is the leading advocate for businesses in the British Virgin Islands. The organization represents the interests of both large and small businesses across a diverse range of sectors. The chamber’s primary mission is to serve as a unified voice for businesses, to advocate for policy reforms that benefit the business community, and to promote sustainable economic development in the BVI.
BVI Financial Services Commission (FSC)
Although not a chamber of commerce, the FSC plays a crucial role in promoting and regulating the financial services industry in the BVI, which is a key sector of the territory's economy. The FSC's mandate includes fostering a robust regulatory environment, safeguarding the BVI's reputation as a leading international finance center, and promoting public understanding of the financial system and its products.
BVI Tourist Board
The BVI Tourist Board is another vital organization that significantly contributes to the business environment in the BVI. As tourism is one of the territory's main economic drivers, the BVI Tourist Board's role in promoting the islands as a premier travel destination indirectly benefits the many businesses that are part of, or dependent on, the tourism sector.