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In the recent British Virgin Islands ("BVI") appeal of Fang v Green Elite ("Green Elite"), the Privy Council reaffirmed the principle in Duomatic

Microbusinesses are a growing, vibrant, and profitable economic segment throughout the world. Such enterprises provide flexibility for individuals to operate on their terms ...

Companies incorporated in the BVI are, by most measures, the most popular offshore holding structure in the world

One of the reasons why the Cayman Islands is a leading offshore jurisdiction is the flexibility of Cayman Islands companies. The main legislation regulating the formation and operation...

The British Virgin Islands is currently a fledgling but promising forum for the arbitration of commercial disputes.

The British Virgin Islands ("BVI") is home to over 416,000 active companies. This article considers the benefits of using a BVI company in financing transactions.

When the BVI Business Companies Act (the "BCA") was enacted in 2004, it contemplated that Companies Regulations would subsequently be made "generally for giving effect to this Act and specifically in respect of anything required or permitted to be prescribed by this Act".

The BVI Business Companies Act, 2004 has been further amended by the BVI Business Companies (Amendment) Act, 2016. Below are the key amendments:

BVI companies are governed by the BVI Business Companies Act, 2004 (the Act), which has recently been amended by the BVI Business Companies (Amendment) Act, 2015 (the Amendment Act).

Notwithstanding the development and rollout of Covid-19 vaccines, the global pandemic and the associated economic crisis will continue to have a significant impact on businesses of all sizes in...

There has been a significant increase in the number of lenders enforcing against secured assets in the BVI, which has entailed an uptick in the appointment of out-of-court receivers.

How to enforce Security in the BVI out of court will depend on your Security type. For this guide, we focus on the out-of-court enforcement of Security granted over shares in a company.

On 4 December 2024, the Governor of the Virgin Islands approved the BVI Business Companies (Amendment) (No. 2) Act, 2024, marking a significant update to the legal framework governing BVI business companies.

Amendments to the BVI Business Companies Act, 2004, and BVI Business Companies Regulations, which took effect on January 1, 2023, require BVI companies to file an annual financial return (AFR)...

There have recently been a number of amendments to BVI company law. While many of these amendments are technical and will not have a material impact on clients...

All companies incorporated in, or continued into, the British Virgin Islands ("BVI") are governed by the BVI Business Companies Act (the "Act").

BVI companies regularly provide security over their assets as part of financing transactions.