The British Virgin Islands (the BVI), along with most other major offshore jurisdictions, has introduced “economic substance” requirements for entities carrying on certain specified activities. This economic substance regime...more
9/20/2024
/ British Virgin Islands ,
Code of Conduct ,
Companies Act ,
Deadlines ,
Economic Substance Doctrine ,
EU ,
Holding Companies ,
International Tax Authority ,
Jurisdiction ,
Legal Entities ,
OECD ,
Passive Investments ,
Penalties ,
Tax-Residency Certificate
Following the introduction of the Economic Substance (Companies and Limited Partnerships) Act 2018 ( ES Act) and the passing of the deadline for the first filings thereunder to be made by BVI entities, the BVI International...more