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Browse all firms with extended profiles for British Virgin Islands


As one of the world’s leading offshore financial centres, the British Virgin Islands (BVI) is a key jurisdiction for both offshore investment fund formations and foreign direct investments, and company license fees remain a notable source of work for firms, with 45% of the globe’s offshore companies formed in the territory.

While still a popular destination for cryptocurrency fund registrations thanks to the recently introduced Virtual Asset Service Provider (VASP) Act 2022, which came into effect in early 2023, the jurisdiction is also increasingly attracting attention at the other end of the spectrum following the BVI court ordered liquidation of cryptocurrency hedge fund Three Arrows Capital.

On the transactional front, the islands remain active in restructuring work with BVI teams seeing a steady flow of restructurings emanating from Asian markets, and further regulatory changes saw updates to the BVI’s anti-money laundering regime, which was updated in late 2022, and changes to the BVI Business Companies Act in 2023.

The jurisdiction also received good news in mid-October 2023 following the decision by the Council of the European Union to remove the BVI from the EU list of non-cooperative jurisdictions for tax purposes, also known as the blacklist.

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