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  • Article

    Quick Summary Of The BVI Business Companies (Amendment) Act 2015

    This article outlines the changes, which are refinements rather than wholesale changes, and are expected to be largely welcomed by the financial services sector.
    British Virgin IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Recap Of BVI Finance 2018 Asia Roadshow

    The Bank of Asia has been established in the BVI to address the growing needs of offshore companies and their owners.
    British Virgin IslandsCorporate/Commercial Law
    Appleby
    Appleby
Article

Restoration Of A British Virgin Islands Company: Do You Qualify As An Interested Person?

BVI companies are regularly struck off the Register of Company and subsequently dissolved. BVI companies are also dissolved following the completion of a liquidation process.
British Virgin IslandsCorporate/Commercial Law
Maples Group
Maples Group
  • Article

    Snapshot: Are Electronically Signed Documents Valid In The BVI?

    An electronic signature will generally be legally effective to conclude a simple contract from a BVI law perspective, so long as:...
    British Virgin IslandsCorporate/Commercial Law
    Ogier
    Ogier
  • Article

    Upcoming Deadline For Annual Returns For BVI Business Companies And Limited Partnerships

    Entities in the British Virgin Islands may qualify for exemptions from Annual Return requirements based on specific criteria. BVI Business Companies and Limited Partnerships can avoid filing obligations if they meet conditions such as being listed on recognized exchanges, regulated by the FSC, or filing tax returns with financial statements.
    British Virgin IslandsCorporate/Commercial Law
    Appleby
    Appleby
  • Article

    Voluntary Liquidations For British Virgin Islands Second Half Year Companies

    If your British Virgin Islands ("BVI") company was incorporated in the second half of any given year, then the 2022 annual BVI Registry fees will be payable by 29 November 2021.
    British Virgin IslandsCorporate/Commercial Law
    Maples Group
    Maples Group
  • Article

    Voluntary Liquidations For First Half Year Companies

    As annual British Virgin Islands ("BVI") Registry fees are now payable for those BVI companies that were incorporated or registered in the first half of the year, it is time to start planning...
    British Virgin IslandsCorporate/Commercial Law
    Maples Group
    Maples Group
  • Article

    Voluntary Liquidations For Second Half Year Companies

    As annual British Virgin Islands ("BVI") Registry fees are now payable for those BVI companies that were incorporated or registered in the second half of the year...
    British Virgin IslandsCorporate/Commercial Law
    Maples Group
    Maples Group
  • Article

    Update On BVI Electronic Filing Network, VIRRGIN

    The Financial Services Commission of the British Virgin Islands announced on 20 March 2017 that it has made an enhancement to its Virtual Integrated Registry and Regulatory General Information Network.
    British Virgin IslandsFinance and Banking
    Walkers
    Walkers
  • Article

    BVI Court Clarifies The Meaning Of Member Under The BVI Company Law

    In the recent case of Comodo Holdings Ltd v (1) Renaissance Ventures Ltd; and (2) Joseph Katz (executor for the estate of Eric D Emanuel Dec’d) Harneys successfully argued that the Applicant defendants’ and application for a stay in favour of arbitration in New York must be refused because R. and J. were not members of the respondent claimant company for the purposes of the Articles and/or the BVI Business Companies Act 2004.
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    Litigation Update: Claim Stayed On Forum Non Conveniens Grounds Notwithstanding That Remedy Sought Under BVI Companies Legislation

    The High Court in the BVI is often called to adjudicate upon applications for stays on forum non conveniens grounds. In a recent case, Febvre Company Limited v Grape Expectations SA, the Court had to consider, it seems for the first time, the issue of whether it was appropriate to stay on forum non conveniens grounds a claim for rectification of the share register of the defendant BVI company (represented by Harneys).
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    The Economic Crime (Transparency And Enforcement) Act 2022: A British Virgin Islands Perspective

    On 5 May 2022, James Gaudin, Andrew Weaver and Gemma Whale of our Jersey office advised on the implications of a new UK law, the Economic Crime (Transparency and Enforcement) Act 2022...
    GlobalReal Estate and Construction
    Appleby
    Appleby
  • Article

    Members Claims Under The BVI Business Companies Act

    Walkers Partners Rosalind Nicholson and John O'Driscoll and associate Cate Barbour acted for the successful defendants in an important case.
    British Virgin IslandsCorporate/Commercial Law
    Walkers
    Walkers
  • Article

    A Person Aggrieved – Prove Your Debt Or Fall Short On Standing

    A recent decision of the British Virgin Islands ("BVI") Commercial Court has seen The Honourable Justice Jack (Ag) clarify the 'aggrieved person' test for an interloper seeking...
    British Virgin IslandsInsolvency/Bankruptcy/Re-Structuring
    Maples Group
    Maples Group
  • Article

    Litigation Update: Test Case On The Redemption Of Shares

    Harneys has recently acted for a client in an important and novel case on the effect of a redemption notice, served by a company on a member, under the BVI Business Companies Act ("the Act").
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    Succession Planning For Your BVI Company Shares

    Where the owner of a BVI company dies, his/her interest in shares in a BVI company cannot be validly transmitted to his/her heirs until the appropriate grant (of probate, letters of administration...
    British Virgin IslandsWealth Management
    Harneys
    Harneys
  • Article

    A Solution To An Unusual Predicament

    The Company had attempted to continue out of the BVI as a company incorporated under the laws of Cyprus. However, the procedures required by the laws of Cyprus to secure its incorporation
    British Virgin IslandsCorporate/Commercial Law
    Walkers
    Walkers
  • Article

    BVI Commercial Court Confirms Just And Equitable Winders As A Tool For Combatting Fraud

    The court has now reaffirmed its earlier decision by ordering the final winding up of the company.
    British Virgin IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Article

    Collas Crill Appoints New Corporate Partner In The BVI

    Greg is a transactional lawyer with more than 15 years' experience in BVI law and 20-plus years of cross-border corporate finance law experience, including a six-year tenure...
    British Virgin IslandsCorporate/Commercial Law
    Collas Crill
    Collas Crill
  • Article

    Missed Understanding: BVI Court Holds Directors In Breach Of Their Duty To Act For A Proper Purpose

    Green Elite's predominant purpose, was to compensate key employees of the business.
    British Virgin IslandsCorporate/Commercial Law
    Harneys
    Harneys
  • Showing 41–60 of 687 results

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