934 results found

The Eastern Caribbean Court of Appeal's decision in Green Elite v Fang makes significant findings in respect of section 175 of the BVI Business Companies Act 2004.

As we enter the new year, we also welcome the implementation of the British Virgin Islands ("BVI") Business Companies Act (the "Act") amendments which came into force on 1 January 2023.

A problem that commonly arises in the company world is the need to find potential solutions or act either against or by, a BVI company that has been struck off or dissolved.

There are a number of reasons why investors opt to use British Virgin Islands (BVI) companies to conduct business: the "BVI Advantage" is well documented.

The principal statute governing the formation and operation of a BVI business company is the Business Companies Act 2004, as amended (the ‘BC Act').

Though special purpose acquisition companies (SPACs) are now enjoying enormous popularity, there is belief in certain quarters that their resurgence is fleeting.

VISTA trusts, as they are commonly known, came into existence in 2004 with the enactment in the British Virgin Islands ("BVI") of the Virgin Islands Special Trusts Act 2003 ("VISTA").

When it comes to managing wealth and ensuring a seamless transition of assets, estate planning is crucial—especially for those holding shares in BVI (British Virgin Islands) companies and offshore assets.

You've appointed your independent directors. They seem like good people, came highly recommended, have great resumes and seem interested and enthusiastic about your strategy.

In the recent decision of Greig William Alexander Mitchell & Ors v Sheikh Mohamed Bin Issa Al Jaber & Ors [2023] EWHC 364 (Ch), the English High Court was required to consider the question...

In Wang Zhongyong -v- Union Zone Management Ltd [BVIHCMAP 2013/0024] ("Wang"), the Eastern Caribbean Court of Appeal ("ECCA") has had its first opportunity to review the legal principles...

On 11 May 2022, a judgment by the Eastern Caribbean Court of Appeal in JTrust Asia PTE. Ltd. v Mitsuji Konoshita et al and Showa Holdings provided fresh guidance on the circumstances...

The British Virgin Islands (BVI) government has enacted legislation that will require certain BVI entities carrying on specified activities to have ‘adequate substance' in the BVI.

The British Virgin Islands is transforming its financial return regime from a basic filing exercise into a comprehensive disclosure framework. Companies and limited partnerships will soon face significantly expanded reporting requirements covering assets, income, expenses, and financial holdings, with new rules taking effect for 2027 returns.

The British Virgin Islands has introduced a Yacht Engaged in Trade programme that allows superyacht owners to charter their vessels for up to 84 days annually in European waters while maintaining private registration status. This flexible framework addresses a longstanding industry challenge by enabling owners to switch between private and commercial use without permanent conversion or repeated registration processes, all while maintaining Red Ensign Group standards and credibility.

A significant percentage of all employment within the OECD group comes from small enterprises, many of which have fewer than 9 employees and, as such, are frequently termed 'micro' businesses.

This is a short guide to solvent voluntary liquidations of companies incorporated in the British Virgin Islands.

As the founder of a startup company, one of the first questions you need to consider is "where should I incorporate my company?"