The Core Income Generating Activities (CIGA) are the principal activities that account for the companyâs profits. These activities include activities in the banking business, distribution and service centre business, finance and leasing business, fund management business, headquarter business, holding company business, insurance business, intellectual property (IP) business and shipping business.
The activities are only considered to be CIGA if they are conducted within the BVI, earn an adequate revenue, incur an adequate expenditure in the BVI, employ an adequate number of local employees and have a physical office in the BVI to conduct activities.