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Legal Developments worldwide

British Virgin Islands: Continuations In and Out

February 2011 - Corporate & Commercial. Legal Developments by Ogier .

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Companies that have been incorporated in other jurisdictions may be permitted to change their jurisdiction of incorporation to the British Virgin Islands (“BVI”); equally BVI incorporated companies may look to migrate to other jurisdictions. Under BVI law this process is known as “continuation” - either “in” or “out” depending on whether the BVI is the end point or the starting point.

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