Virgin Galactic surface record-breaking activities. As part of Branson's promotion of the firm, he has added a variation of the Virgin Galactic livery to his personal business jet, the Dassault Falcon 900EX "Galactic girl" (G-GALX). The Spaceship Company (TSC) was founded by Richard Branson through Virgin Group (which owned 70%), and Burt Rutan through Scaled Composites (which owned 30%), to build commercial spaceships and launch aircraft for space travel. From the time of TSC’s formation in 2005, the launch customer was Virgin Galactic, which contracted to purchase five SpaceShipTwos and two WhiteKnightTwos; Scaled Composites was contracted to develop and build the initial
Economy of the British Virgin Islands New York telephoned him with a proposal to incorporate a company in the British Virgin Islands to take advantage of a double taxation relief treaty with the United States. Within the space of a few years, hundreds of such companies had been incorporated. This eventually came to the attention of the United States government, who unilaterally revoked the Treaty in 1981. In 1984, the British Virgin Islands, trying to recapture some of the lost offshore business, enacted a new form of companies legislation, the International Business Companies Act, under which an offshore company which was exempt from local taxes could