British Virgin Islands? (BVI)

A really nice place for a holiday, so I am told. While you are there you can open up a company or two. As long as the government doesn’t shut down this tax loophole, the well heeled will stash their dosh into these companies.  But as ministers also probably “holiday” there it is not likely to happen sometime soon.

Anyway say you set up one of these BVI companies and then want to use it to do an odd development or two in the UK. Say a block of flats or maybe a hotel. In order to protect your identity you set up a UK front company with supposedly only one director and one shareholder. This company signs all the documents for your many projects and slowly but surely the BVI is airbrushed out of the picture.

My question is if you have sunk your hard earned cash into the BVI you would want to keep a tight rein on that director of the front company in case he turned out to be a crook. So how would you do that? Some-one around here must know. Answers on a postcard please.