A long-awaited Court of Appeal judgment has clarified the treatment of bearer shares in BVI Companies not dealt with prior to the ‘transition date' of 31 December 2009.

Effective 1 January 2023, all companies incorporated or registered in the BVI ("Companies") are required to file a financial return (an "Annual Return") with their Registered Agent each year.

The BVI government shows ongoing commitment in maintaining the jurisdictions' competitiveness by staying compliant with international transparency standards.

On 24-25 October 2023, Justice Wallbank of the BVI Commercial Court presided over a valuation trial in the matter of Soemarli Lie v Ng Min Hong & Success Overseas Finance Limited...

The end of 2015 marked 20 years in the legal profession for me. During those two decades the legal landscape has changed dramatically owing to both technological advancement and commercial factors.

Are you involved in managing or advising a British Virgin Islands ("BVI") company? Understanding the duties owed by directors...

Thinking of paying dividends from your British Virgin Islands ("BVI") company? Subject to compliance with the applicable statutory solvency test and any restrictions contained in a company's memorandum and articles...

The Economic Substance (Companies and Limited Partnerships) Act, 2018 (the "Act") was passed on 1 January 2019, introducing economic substance requirements...

A number of significant natural resources transactions in the latter part of last year are representative of an upshift in deal activity across the sector...

In Attorney General of the Virgin Islands v Global Water Associates Ltd (British Virgin Islands) [2020] UKPC 18 ("GWA") the Privy Council, the Island's final appeal Court...

When planning a restructuring that involves a merger where at least one of the merging entities is a BVI company, that is regulated by the BVIFSC, there are some specific and unwritten procedures...

From 1 January 2023, the Registrar shall make available, upon request, the names of incumbent directors of any BVI company.

Recent changes have been made to the record keeping and record retention obligations of all BVI companies and limited partnerships.

O'Neal Webster has advised on a JPY 3.8 billion British Virgin Islands plan of arrangement which was recently approved by the Eastern Caribbean Supreme Court (British Virgin Islands) on April 6, 2020.

The Privy Council has recently handed down the judgment in Staray Capital Limited and another v Cha Yang [2017] UKPC 43, concerning the circumstances in which majority shareholder decisions ...

The Company was incorporated in the BVI and comprised of two directors, Mr. W and Ms. K, who resided in Hong Kong.

Our British Virgin Islands office's most popular publications provided valuable insights on doing business in the jurisdiction, effective asset recovery tools, strategies for addressing modern legal challenges...

The VISTA regime was introduced as a solution to what is commonly referred to as 'the prudent investor problem'.

The BVI Commercial Court provided welcome guidance on the standing of an appointing party to interfere in a receivership.