Mitigating BVI Business Company Disruption

Structure your BVI company shareholding to eliminate or reduce delays associated with probate

Ease of operation and flexibility are two of the most attractive features of a BVI business company (BVIBC). However, the death of a shareholder can cause disruption in company operations, whether the BVIBC is a stand-alone entity or part of a group. This is often most acute when the BVIBC has a single person as sole shareholder and director, paralyzing the company and making decisionmaking impossible until the probate process is complete.

Forward planning in the structure of the BVIBC can provide certainty and a smooth transition on the death of a shareholder. Below are a few options to incorporate in BVIBC structures to mitigate potential disruption on the death of a shareholder.