This country-specific Q&A provides an overview of Mergers
& Acquisitions laws and regulations applicable in the British
Virgin Islands.
1. WHAT ARE THE KEY RULES/LAWS RELEVANT TO M&A AND WHO ARE
THE KEY REGULATORY AUTHORITIES?
Sources of Regulation
The primary source of law relevant to M&A in the British
Virgin Islands (BVI) is the BVI Business Companies Act 2004, as
amended (the Act).
The Act permits mergers between:
- BVI companies incorporated and registered under the Act;
and
- a BVI company or companies incorporated under the Act and a
foreign company or companies (assuming this is permissible under
the applicable foreign law).
In the case of a merger between a parent and one or more of its
subsidiaries, a simplified procedure is available under the
Act.
