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The British Virgin Islands (BVI) government has succeeded in its request for a supplementary review to more accurately reflect its current legislative status following the EU's...

As announced in our earlier eAlert, the Government of the British Virgin Islands (BVI) enacted the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the Act) effective 1 January 2019.

Due to the devastating impact of Hurricane Irma on the Territory of the Virgin Islands and the resultant damage/destruction of the High Court buildings coupled with disruption of essential services...

BVI Approved Managers and BVI Approved Funds are required to file an annual return with the BVI Financial Services Commission by 31 January 2025...

Adding to our success at The Lawyer and HFM Awards, Harneys was privileged to win twice at the inaugural Africa Global Funds Awards held recently in Cape Town.

With the end of the calendar year coming into view, entities incorporated in the British Virgin Islands ("BVI") nearing the end of their life cycle should consider the relevant deadlines and steps necessary to save money...

The BVI International Tax Authority has recently announced deadline extensions for filing requirements.

The British Virgin Islands has reported its strongest first quarter for new company incorporations since 2022, with 7,671 new entities formed in Q1 2026. This represents a 10% increase year-over-year and brings the total number of active companies to 362,165, while the investment funds sector maintains 2,242 registered funds.

After more than 15 months in the wilderness, with goodness knows what to keep him entertained during his recovery from multiple back surgeries, Tiger finally came back to the PGA Tour this weekend...

This is a challenging situation for the BVI and its 30,000 residents, and our priority continues to be the well-being of all residents who remain in the BVI and those who are affected by the damage caused by Hurricane Irma.

In response to the OECD's global Base Erosion and Profit Shifting ("BEPS") initiative and EU Code of Conduct Group substance requirements modelled on BEPS Action 5 ...

Discipline is one of the key traits of any successful fund manager – sticking to the core investment strategy and avoiding style drift.

Your usual Maples Group contact will be able to assist you in making these determinations.

This industry update looks at two options which are available when a solvent, dormant British Virgin Islands ("BVI") company is no longer needed: a formal members' voluntary...

Companies will be required to confirm the above details to their Registered Agent within 6 months of the end of the first applicable financial period, as above.

A summary of the relevant timelines and an outline of other important changes under the Amendment Code are outlined in this update.