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ARTICLE · 22 DECEMBER 2022

Insolvency 2022

Maples Group
Maples Group
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Maples Group

Maples Group

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Throughout 2022, the British Virgin Islands (BVI) has remained one of the most significant international jurisdictions. According to the latest BVI Financial Services Commission...

British Virgin IslandsInsolvency/Bankruptcy/Re-Structuring

Market Analysis

Throughout 2022, the British Virgin Islands (BVI) has remained one of the most significant international jurisdictions. According to the latest BVI Financial Services Commission (FSC) statistical bulletin dated June 2022, in the BVI there were 370,150 active business companies with a further 2,257 active limited partnerships, a significant increase on the previous year.

The BVI has retained its status as one of the most significant jurisdictions in the international corporate service sector and, in particular, the insolvency and restructuring sector. Throughout this period, the BVI has proved to be a resilient and agile jurisdiction that has been at the forefront of emerging insolvency and restructuring sectors such as crypto-assets.

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