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The BVI and Cayman Courts are usually the work horses of the Caribbean international financial centres. 2016 proved to be no different.

The Common Reporting Standard (CRS) is the standard for automatic exchange of financial account information produced by the Organisation for Economic Cooperation and Development...

As part of the British Virgin Islands' ("BVI") ongoing commitment to international tax transparency pursuant to the Common Reporting Standard ("CRS")

The OECD Standard for Automatic Exchange of Financial Account Information (commonly known as the Common Reporting Standard or "CRS") is a global information exchange regime developed...

Businesses conducting cross-border transactions face the challenge of creating structures to help mitigate the increasingly complicated global framework of tax, regulation and securities law in a...

The draft Economic Substance Code has now been published by the ITA and contains rules and guidance from the ITA with regard to the application of the Economic Substance (Companies and Limited Partnerships) Act 2018.

In response to the requirements of the EU Code of Conduct Group, the British Virgin Islands has enacted new legislation setting out an economic substance test for tax-resident entities.

Whilst completely separate regimes, the CRS imposes similar reporting and other obligations as are required under the US Foreign Account Tax Compliance Act or "FATCA" regime.

In this review of taxation and the British Virgin Islands, Conyers Corporate Counsel Nicholas Kuria discusses some of the most commonly misunderstood notions relating to the use of offshore jurisdictions, with a focus on the BVI.

The British Virgin Islands Government announced that it had concluded negotiations with the US with respect to a Model 1B Intergovernmental Agreement.

The BVI ITA announced it is accepting electronic CbCR filings and FATCA / CRS deadline extensions.

In this article, Nicholas Kuria discusses some of the most glaringly misguided notions relating to the use of offshore jurisdictions, with a focus on the British Virgin Islands.

The British Virgin Islands (the BVI), along with most other major offshore jurisdictions, introduced "economic substance" requirements for entities carrying on certain specified activities.

In response to global OECD base erosion and profit shifting standards regarding geographically mobile activities, the British Virgin Islands (the "BVI")...

The British Virgin Islands operates one of the most robust and accountable regulatory systems in the world.

The BVI’s April 2026 update to its CRS Guidance Notes advances the implementation of CRS 2.0, expanding the scope of reportable accounts and introducing new compliance and reporting obligations ahead of the first reporting deadline on 31 May 2027.

A recent change to the British Virgin Islands ("BVI") Rules on Economic Substance ("ES Rules")1 serves as a reminder of the need to be familiar with the BVI International Tax Authority's...

The British Virgin Islands government signed a Model 1B (i.e. non-reciprocal) intergovernmental agreement with the United States.