Following execution of the security document(s), the secured party will want to ensure that particulars of the security are filed with the Registrar of Corporate Affairs in the British Virgin Islands (the "Registrar").

Recent years have seen a trend towards consolidation in the financial services industry; the BVI is no exception and mergers and acquisitions involving licensed trust companies...

Modern day company law has largely moved away from the concept of "ultra vires" which sought to limit the ability of a company to enter into transactions outside its stated objects.

On 2 January 2025, the British Virgin Islands Limited Partnership (Amendment) Act, 2024 was brought into force...

From 1 January 2026, BVI reporting entities must submit suspicious activity and transaction reports via the AMLive portal, with free FSC training on these new AML requirements available in September and October 2025.

The British Virgin Islands recently introduced new regulations relating to products and services in the innovative fintech space, reaffirming its commitment to remaining ...

The recently enacted Securities and Investment Business Act, 2010 ("SIBA") of the British Virgin Islands ("BVI") will come into effect on 17 May 2010.

The British Virgin Islands’ statutory merger regime is straightforward, well established and effective. It has been used on a number of high profile, public transactions including, for example, Apax Partners’ $1.6 billion buyout of Tommy Hilfiger Corporation, and most recently by Essilor International SA for its recommended US$565 million takeover of NASDAQ listed FGX International Holdings Limited.

The trust has always been regarded as one of the best "succession vehicles," but its use to cater for the succession of shares in companies has historically been impeded by a rule of English trust law (the "prudent man of business rule") which is designed to help preserve the value of trust investments.

The British Virgin Island's reputation as the leading offshore jurisdiction is well earned and it is dedicated to maintaining its status as a jurisdiction which is creditor friendly and commercially flexible.

British Virgin Islands ("BVI") 'legal entities' are required to report their status on an annual basis pursuant to the Economic Substance (Companies and Limited Partnerships) Act, 2018 (as amended)...

The integrity of tax systems around the world has been challenged for years, stymied by undetected, illegal evasion tactics.

There is no requirement or need to obtain any certificate or undertaking to that effect.

The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on relevant activities to demonstrate adequate economic substance in the BVI.

In line with BVI's commitment to stay at the forefront of 'international legislation and EU compliance', the BVI enacted the Mutual Funds (Amendment) ...

On 10 December 2012, the British Virgin Islands' "regulation light" regime for the approval of eligible investment business managers came into effect.

Our investment funds team outline the latest developments within the investment funds market in the British Virgin Islands ("BVI")...

For family offices, high-net-worth individuals (HNWI) and ultra-high-net-worth individuals (UHNWI) considering the purchase of luxury assets (in particular yachts...

THESE ARE TRYING TIMES. Social and economic systems on national and international levels have been disrupted to an unprecedented degree...

We have prepared this BVI Business Companies Act, 2004 Compendium as a service to our clients.