688 results found

Over the past 12-18 months we have seen a marked increase in the number of BVI statutory fair value appraisals as a result of minority shareholders...

Further to the update we sent in late October regarding the enhancement of the anti-money laundering regime in the British Virgin Islands...

In the recent decision in Re Klimvest Plc [2022] EWHC 596 (Ch), HHJ Cawson QC, sitting as a Judge of the English High Court, ordered that the respondent company, Klimvest, be wound up on just and equitable grounds ...

BVI Financial Services Commission (FSC) has issued a reminder to BVI companies whose financial year is a calendar year that the 9-month extension for filing initial annual financial returns (annual returns)...

The new section 118B of the BVI BCA requires that a copy of a company's ROD be filed with the Registrar.

A frequent part of Walkers' practice in the Finance Group involves reviewing the register of directors ("ROD") of BVI companies to verify who can authorise those companies to participate in various transactions.

Corporate guarantees are commonly provided by British Virgin Islands (BVI) companies. The BVI statutory regime makes the provision of such guarantees simple and efficient.

This concise guide discusses the Cayman Islands Companies Law requirements relating to the registration of security interests over the assets of a Cayman Islands exempted company.

British Virgin Islands ("BVI") companies now have to file an annual return with their registered agent setting out certain financial information, unless they are exempt.

Whilst many individuals are aware of the importance of succession planning to preserve continuity and stability in the transfer of assets upon death, such planning is often hindered by concerns over the high cost of establishing a robust trust structure.

The British Virgin Islands Financial Services Commission (FSC) has recently recognised Asia-based Fusang Exchange Ltd as its first digital securities and asset exchange.

Guidance for registration, annual renewal and ongoing maintenance of director information in the British Virgin Islands.

Statutory demands in the British Virgin Islands have long been a useful option for creditors of defaulting companies.

Disclosure orders constitute a very powerful weapon for the tracking down and recovery of assets.

"Final" decisions of the BVI Court come with an automatic right of appeal to the ECSC Court of Appeal (CoA), whereas "interlocutory"...

For over three decades, it has been common practice for high net worth individuals to hold their wealth via shares in British Virgin Islands ("BVI") business companies.

In practical terms, that right extended here to unredacted engagement letters with legal counsel revealing the identity of a third‑party litigation funder paying the companies' legal bills. "Improper purpose" remains a possible constraint, but it is narrow and must be proved with cogent evidence by the party resisting inspection.

When a sole shareholder and director of a BVI company passes away, the absence of a director can lead to significant administrative challenges and delays in estate administration. This article examines practical solutions available under BVI law, including the strategic appointment of reserve directors and the use of trust structures, to ensure business continuity and facilitate the smooth transfer of shares to beneficiaries.