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The legislation governing arbitration in the British Virgin Islands (BVI) is the Arbitration Act 2013 which came into force on 1 October 2014 and which repealed the Arbitration Act 1976.

The principles under the BVI CRS Legislation are very similar to FATCA and the BVI US and UK FATCA legislation (collectively "FATCA"), although there are some important distinctions.

This publication provides a brief overview of the expected impact on entities incorporated in the British Virgin Islands.

The office of the Registrar of Corporate Affairs in the British Virgin Islands has responsibility for the incorporation, striking-off and restoration of struck off companies to the register of companies.

The use of off shore companies in Islamic finance is driven by many of the same factors as in conventional banking, as tax efficiency, bankruptcy-remoteness and privacy are considerations common to most cross-border transactions.

On 25 October 2013 the States of Jersey introduced never before seen statutory provisions which seek to clarify, as a matter of Jersey law, the existence and nature of the Hastings-Bass principle and the doctrine which allows the partial or complete set-aside of dispositions of property into trust and the exercise of trust powers which are made under a 'mistake'.

Subscribers for shares in a British Virgin Islands company usually assume that such shares have been validly issued.

A sometimes overlooked, yet critical, aspect of a British Virgin Islands (BVI) company is the role of its registered agent.

This Memorandum summarises some of the key provisions under the BVI Business Companies Act 2004 (the "Act") relating to mergers between BVI Companies.

A little more than 20 years ago, a group of lawyers and other professionals from the British Virgin Islands first met with the then Attorney General to discuss the drafting of a completely new piece of companies legislation. The result, after much hard work, was the enactment in 1984 of the International Business Companies Act.

The principal legislation pertaining to funds in the British Virgin Islands is the Securities and Investment Business Act, 2010 and regulations thereunder.

The first quarter of 2019 has seen the passage of economic substance legislation in most offshore financial jurisdictions.

Recent decisions in the BVI Commercial Court have shaped the applicability and enforcement of arbitration clauses.

This Memorandum summarises some of the key provisions under Sections 169 to 174 of the BVI Business Companies Act 2004 relating to mergers between BVI Companies and foreign companies.

Fraud and insolvency can be vexing. However, there are a number of tools available to an insolvency professional who is faced with an insolvent estate that has been made the victim of grand malfeasance or fraud.

Divergence between England & Wales and the British Virgin Islands in the Treatment of Jurisdiction and Arbitration Clauses in Insolvency Proceedings