Shareholder B, Exit Left: Exit Options For BVI Company Investors

There are a number of reasons why investors opt to use British Virgin Islands (BVI) companies to conduct business: the "BVI Advantage" is well documented. Although the road to incorporation is paved with the very best intentions, not every business venture is successful and not every business relationship can stand the test of time. In this article we explore exit options for investors wishing to withdraw from BVI joint ventures.

Subject at all times to the memorandum and articles of association of a BVI joint venture company (JVCo) and any shareholders' agreement binding on it, there are a number of exit options available to investors, depending on whether the desire is to walk away from the business, or terminate operations. In this article we consider: