Trends
Market analysis
Throughout 2023, the British Virgin Islands (BVI) has remained
one of the most significant international jurisdictions for company
incorporations. According to the latest BVI Financial Services
Commission (FSC) statistical bulletin dated June 2023, there were
366,050 active business companies and a further 2,358 active
limited partnerships in the BVI.
The BVI continues to retain 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, including those in the real
estate and crypto-asset spaces. The BVI has also shown its ability
to react quickly to major world and economic events, demonstrated
during the past year by its implementation of the UK sanctions
regime, and
