BVI Virtual Assets Service Providers Act, 2022
The Virtual Assets Service Providers Act, 2022 (the “VASP Act”) came into force on 1 February 2023. The VASP Act and relevant guidance (refer to the attached) introduce a new regulatory framework [...]
Mandatory Annual Financial Return Filing for BVI Companies
Continuing our ongoing communication regarding the recent amendments to the BVI Business Companies Act, 2004, effective from 1 January 2023, BVI companies are now required to prepare specific [...]
BVI Business Companies – Notice of Fees Increase from 1 January 2023 (Agent: Coverdale)
The BVI Financial Services Commission (the "Commission") introduced the BVI Business Companies (Amendment of Schedule 1) (No. 2) Order, 2022 (the "Order"), which will come into force on January [...]
Changes to the BVI Business Companies Act (Effective 1 January 2023)
On 12 August, 2022, BVI Business Companies (Amendment) Act 2022 and BVI Business Companies (Amendment) Regulations, 2022 (“the New Acts”) were enacted and published in the BVI Official Gazette [...]
BVI Version 2 of Rules on Economic Substance
On 10 February 2020, BVI ITA published version 2 of Rules on Economic Substance.
BVI News Update – Extension Period For Filing Registers Of Directors Until 31 December 2016
On 27th September, 2016 the BVI Business Companies (Amendment of Schedule 1) Order, 2016 (“Amendment Act”) was published in the BVI’s official Gazette.