TROPIC ISLE BUILDING, P.O. BOX 3331, ROAD TOWN, TORTOLA, BRITISH VIRGIN ISLANDS
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Legal Developments in British Virgin Islands
Legal Developments and updates from the leading lawyers in each jurisdiction. To contribute, send an email request to
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Through The Open Window - Leveraging Cross-Jurisdictional Opportunities For BVI Property Transfers
Arare congruence of exemptions under the US and BVI tax codes has prompted United States (“U.S.”) citizens holding British Virgin Island (“BVI”) property to undertake inter vivos transfers to their heirs during 2012. -
BVI Funds Update: Exemption from Requirement to appoint Custodian and Manager
On 15 March 2012 the British Virgin Islands Financial Services Commission (the “Commission”) published guidelines for practitioners requesting exemptions for funds from the requirement to appoint a manager, custodian or both (the “Guidelines”). -
VISTA trusts
Different style - Vanessa King looks at VISTA trusts eight years on -
FINANCE 2012
British Virgin Islands -
Investment funds in the BVI
BVI Funds - Legal and structuring considerations- Ogier -
A Brief guide to... British Virgin Islands
So far as tourism is concerned, the British Virgin Islands (the BVI) is described as "Nature's Little Secrets"; in the financial services industry this could not be further from the truth. -
Eastern Caribbean Court of Appral considers enforcement issues in Alfa v Cukurova
On 20 July 2011 the Eastern Caribbean Court of Appeal (“ECCA”) handed down the latest decision in the long running case of Alfa Telecom Turkey Limited v Cukurova Finance International Limited and Cukurova Holdings AS. -
Changes to the EU Savings Tax Regime in the British Virgin Islands
The British Virgin Islands’ Mutual Legal Assistance (Tax Matters) Act, 2003 as amended in 2005 (the “Act”) has given effect in the BVI to EC Directive 2003/48 on the taxation of savings income in the form of interest payments (the “Directive”) for the last six tax years. -
CONTINUATION OF A FOREIGN COMPANY INTO THE BVI
Companies often consider “what if” they could transfer to another jurisdiction based on what is currently happening in their current jurisdiction or simply to take advantage of developments within another jurisdiction. -
DIRECTORS DUTIES – A BVI PERSPECTIVE
Directors of British Virgin Islands (“BVI”) companies have certain fiduciary duties which arise both at common law and under statute. These fiduciary duties ultimately seek to protect companies and their shareholders whose destiny lie primarily in the hands of the directors in charge.the hands of the directors in charge.