The history of trade can be traced back for thousands of years, from the early days of bartering to the introduction of money, and now, modern, complex trade and finance arrangements between individuals, countries, and international trade groups.

The issue of beneficial ownership information for legal entities, and particularly whether such information should be publicly available and freely accessible has been a major...

This summary guide provides general commentary and direction to prospective purchasers of BVI property on the law relating to Wills in the BVI.

O'Neal Webster is pleased to confirm that the British Virgin Islands Government has introduced some cutting-edge reforms in relation to the ability of the court to vary BVI trusts without the...

For years, the Cayman Islands has held the title of the world's largest offshore fund domicile.

The Approved Fund Manager regime in the British Virgin Islands, which has been in force since 2012, has found tremendous success with fund managers, globally.

The issue of economic substance is not a new one. More and more, modern companies coupled with new technology and trading practices challenge the notion of "economic substance" for value creation in the traditional sense ...

Limitation of liability is a legal mechanism that allows a shipowner (or other entitled party) to cap their total financial exposure to maritime claims at a maximum amount, regardless of the actual value of the claims.

Companies often consider "what if" they could transfer to another jurisdiction based on what is currently happening in their jurisdiction, or simply to take advantage of the regime and benefits...

A sometimes overlooked, yet critical, aspect of a British Virgin Islands (BVI) company is the role of its registered agent.

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...

On January 21, 2025, the Court of Appeal in England in Valeriy Ernestovich Drelle v Servis-Terminal LLC (Drelle) ruled that a debt based on a foreign judgment that has not been recognised in England cannot be used to found an application for a bankruptcy order

The BVI Business Companies (Amendment) Act, 2024 (the Amendment Act), published in the BVI Gazette in September 2024, came into force on January 2, 2025.

BVI extending the ability to reseal foreign grants of probate and administration in the territory to numerous other jurisdictions...

BVI extends the ability to reseal foreign grants of probate and administration in the territory to numerous other reseal foreign grants of probate and administration

This application is usually made by the executor named in the will. If some other person is making the application, he must clear off executor.

In December 2022, the British Virgin Islands (BVI) enacted the Virtual Assets Service Providers Act, 2022 (the Act) which came into force on February 1, 2023.