Recognised as a global leader in private client advice, our Cayman Islands and British Virgin Islands (BVI) Private Client & Trust teams have been working with clients in the Middle East for decades. Our experienced team of...more
11/29/2023
/ Aviation Industry ,
British Virgin Islands ,
BVI Business Companies ,
Directors ,
Estate Planning ,
FinTech ,
Philanthropy ,
Private Foundations ,
Private Trust Companies ,
Probate ,
Succession Planning ,
Supervisors ,
Trusts ,
Wealth Management ,
Wills
British Virgin Islands (“BVI”) business companies are often used for private wealth structuring purposes. However, where the shares in a BVI business company are registered in the name of an individual rather than a corporate...more
10/20/2023
/ Board of Directors ,
British Virgin Islands ,
Business Formation ,
Business Succession ,
BVI Business Companies ,
Cayman Islands ,
Estate Planning ,
Incorporation ,
Probate ,
Shareholders ,
Succession Planning ,
Trusts ,
Wills
For businesses that are family-owned and run in jurisdictions such as Hong Kong, Mainland China and Taiwan, it is common for beneficial ownership and control of the business enterprise to be vested in the shareholders of a...more
10/9/2023
/ Beneficial Owner ,
British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
China ,
Corporate Restructuring ,
Debt ,
Debtors ,
Estate Planning ,
Holding Companies ,
Hong Kong ,
Incorporation ,
Jurisdiction ,
Privacy Laws ,
Shareholders ,
Taiwan
The holding company of many corporate groups trading in Asia is frequently incorporated in an offshore financial centre such as the British Virgin Islands (“BVI”). It is therefore common for high-net-worth individuals...more
Legislative amendments to the British Virgin Islands (“BVI”) trust legislation took effect on 9 July 2021 under the Trustee (Amendment) Act, 2021. The reforms introduce welcome improvements to the BVI’s Trustee Act and ensure...more