Deadline Approaching To File The BVI Annual Financial Return

Pursuant to the BVI Business Companies (Financial Return) Order, 2023 (the "Order") (available here), every BVI company is required to file with its registered agent an annual financial return (the "Annual Return") within 9 months of either the company's calendar year or, if the company's financial year is not a calendar year, the company's financial year.

Exemptions

A BVI-registered company is exempt from filing an annual return if it meets any of the criteria listed below:

• It is listed on a stock exchange.
• It is regulated under a BVI financial services legislation and provides financial statements to the BVI Financial Services Commission per the requirements of that financial services legislation (i.e. BVI funds and licensees).