The BVI Corporate team consisting of Partners Robert J.D. Briant, Partner Anton Goldstein, Partner Rachael Pape, Partner Eric Flaye and Counsel Nicholas Kuria were pleased to contribute to the BVI Jurisdictional overview to...more
Welcome to the final edition of our Quarterly Corporate Update for 2024 covering recent developments in the British Virgin Islands.
The fourth quarter of 2024 saw continued strong activity in the BVI office. Our corporate...more
2/27/2025
/ Acquisitions ,
Beneficial Owner ,
British Virgin Islands ,
Business Entities ,
Corporate Governance ,
Corporate Transparency Act ,
Disclosure Requirements ,
Incorporation ,
Investment ,
Investment Funds ,
Mergers ,
Private Equity ,
Registered Funds ,
Regulatory Requirements ,
Reporting Requirements ,
Trusts
There have recently been a number of amendments to BVI company law. While many of these amendments are technical and will not have a material impact on clients, there are some key changes of which clients should be aware...more
2/5/2025
/ Beneficial Owner ,
Business Entities ,
Business Ownership ,
BVI Business Companies ,
Compliance ,
Corporate Governance ,
Duty to Cooperate ,
Filing Requirements ,
Financial Services Committee ,
New Legislation ,
Penalties ,
Regulatory Authority ,
Regulatory Requirements ,
Reporting Requirements ,
Shareholders ,
Trusts ,
UK
BVI companies are flexible and low cost vehicles which can be tailored to meet the specific requirements of their members and their proposed purposes while being internationally recognised and listed on exchanges around the...more
Following a meeting of the Council of the European Union on 17 October 2023, the British Virgin Islands (“BVI”) was removed from the EU list of non-cooperative jurisdictions for tax purposes (Annex I), the EU’s so-called...more
BVI companies that were struck off prior to 1 January 2023 were automatically dissolved and ceased to exist after 30 June 2023. Any assets held by such companies have now automatically been vested in the Crown. In order to...more
10/23/2023
/ British Virgin Islands ,
Business Companies Act ,
Business Litigation ,
BVI Business Companies ,
Corporate Dissolution ,
Corporate Governance ,
Corporate Restructuring ,
Dispute Resolution ,
Insolvency ,
Regulatory Reform ,
Restoration Terms
Inflationary pressures and increasing interest rates are expected to continue to have a negative impact on the global economy during 2023. In this article we consider restructuring options under BVI law available to companies...more
2/20/2023
/ Board of Directors ,
British Virgin Islands ,
BVI Business Companies ,
Corporate Governance ,
Corporate Restructuring ,
Creditors ,
Debtors ,
Enforcement ,
Fiduciary Duty ,
Financial Distress ,
Insolvency