Virgin Galactic to launch tourism and scientific research space flights from the United Arab Emirates capital. In July 2011, Aabar invested a further to develop a program to launch small satellites into low Earth orbit, raising their equity share to 37.8%. Virgin announced in June 2014 that they were in talks with Google about the injection of capital to fund both development and operations. The New Mexico government has invested approaching $200m (£121m) in the Spaceport America facility, for which Virgin Galactic is the anchor tenant; other commercial space companies also use the site. In February 2007, Virgin announced that they had
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