Harneys has recently acted for a client in a successful court approved arrangement under section 82 of the International Business Companies Act (Cap. 291) (the "Act"). Importantly the arrangement offered significant benefits to a client with a complex corporate transaction that it wished to put in place. The primary benefit in this case was the ability to seek exemption of exchanged securities from registration under the US Securities Act of 1933, as amended (the "Securities Act&q

Territory. The Statutory Rates, Fees and Charges (Amendment of Schedule) (No 2) Order 2017 amends part 45 of the Schedule to the Statutory Rates, Fees and Charges Act 2005 which governs statutory...

The minimum wage in the British Virgin Islands (the BVI) will increase by over 40 per cent from $6.00 per hour to $8.50 per hour, effective November 30, 2024, heralding the BVI's...