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

In this article, Corporate experts Michael Killourhy and Odane Lennon summarise some of the key aspects of BVI law on the purchase or redemption of a company's own shares.

For further information and for a copy of the BVI Business Companies Act, 2004, please contact us.

Strict duties imposed on directors must be discharged, even if they are nominee directors. The Central Bank of Ecuador v Conticorp [2016] 1 BCLC 26 decision illustrates the dire implications for a director who merely follows instructions and by so doing fails to discharge his duties to the company.

It has long been the position in the BVI[1] that directors of a company can rely on the Duomatic principle which recognises that a company's shareholders can informally give approval through...

British Virgin Island and Cayman Islands companies have been a popular choice of investment vehicle for Hong Kong and Chinese companies and individuals.

In addition to the many purposes for which a BVI Business Company limited by shares (BVI Company) is used, eg as a fund, co-investment vehicle, joint venture vehicle...

The BVI Government has enacted new legislation to establish a secure search system facilitating the effective and efficient storage and disclosure of beneficial owner information for all corporate and legal...

It is rare that a Court has the opportunity to put to rest a series of controversial issues in a single judgment.

The British Virgin Islands has recently introduced a substantial number of reforms in relation to trusts and estates.

The British Virgin Islands ("BVI") are home to 361,491 active companies as of 31 December 2023. This article considers the reasons for the BVI's popularity as a jurisdiction to structure international transactions.

Fraudsters sometimes choose offshore vehicles in their illegal schemes under the mistaken belief that the misappropriated assets will not be found or that the victims of fraud will not be able to identify the fraudsters.

For investment managers investing into relatively illiquid asset classes (for example, managers to private equity funds, venture funds...

2023 was certainly a tumultuous and difficult year by any standard. Leaving aside geopolitical conflicts, high interest rates, rampant inflation, and slowing growth...

Originally based on the English case of the same name , they are a widely used tool in litigation in the BVI.

Delaware is the second smallest state in the United States of America. It is also the leading corporate domicile and company law jurisdiction.