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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 resurgence of special purpose acquisition companies (SPACs) as an alternative to traditional IPOs was one of the major talking points of 2020.

This guide is intended to provide an overview of Investment Funds in the British Virgin Islands.

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

This note considers the need, when preparing wills disposing of shares in BVI companies, to take into consideration issues arising from the succession laws of the jurisdiction in which a person...

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.

Further to our update earlier this year we are now able to advise how the BVI Business Companies Act, 2004 (the Act) will change from 1 January 2023.

It is anticipated that the International Tax Authority (the "ITA") of the British Virgin Islands will soon issue its Economic Substance Code (the "Code").

Key recent decisions in the BVI Commercial Court have shaped the applicability and enforcement of arbitration clauses and notably how they interface with BVI statutory remedies and liquidations.

In a sign of what may be to come, a number of recent judgments have been handed down in the BVI, the Cayman Islands and Hong Kong dealing with the ability of ultimate beneficial noteholders to petition...

The BVI Business Companies Act 2004 (the Act) is widely regarded as among the most modern and flexible corporate legislation in the world.

The Exempted Limited Partnership Law (the ELP Law) governs the formation of exempted limited partnerships (ELPs) in the Cayman Islands.

The British Virgin Islands ("BVI") is a leading international finance centre and BVI companies are a very frequent feature of offshore finance transactions.

In the October 2016 edition of our dispute resolution and insolvency bulletin we will be focusing on six recent cases from the BVI Court of Appeal and BVI Commercial Court.

The introduction of ATED in the UK has led to more trustees of family trusts holding UK residential real estate directly, rather than via an underlying company.

This article outlines the annual filing requirements and continuing obligations for Approved Managers operating under the British Virgin Islands' streamlined regulatory regime. It examines the scope of permitted business activities, mandatory compliance deadlines, and the consequences of failing to meet regulatory thresholds or reporting requirements.