In addition to being the world's leading international finance centre in which to set up companies, the British Virgin Islands (BVI) is now regarded as one of the world's premier trust jurisdictions.

There is no dispute that the 2017 hard-opening of the new 'state of the art' British Virgin Islands International Arbitration Centre signals the BVI's intent to become the leading arbitral and dispute...

A lot of people are placing bets that the most recent legislation passed by the House of Assembly of the British Virgin Islands will be a big winner—for residents, tourists, investors...

This article considers why private trust companies are currently so popular, various structuring issues which those setting up private trust companies should take into consideration.

Most financing transactions require a legal opinion where the BVI entity is a borrower, is providing some type of security or guarantee, or is involved in other complex funding arrangements.

The November 2022 European Court of Justice judgment rejecting the wholesale implementation of public registers of beneficial ownership in the EU has caused quite a stir globally, including within offshore financial centres such as the British Virgin Islands.

The British Virgin Islands Government recently announced the extension of the 2017 deadlines for notification and reporting obligations under the Common Reporting Standard, or CRS.

The British Virgin Islands is continuing its push into the financial technology (Fintech) space as a means of ensuring that it is not left behind as technology moves forward. At its recent Digital ...

Maritime litigators are witnessing an increase in vessel arrests stemming from contractual disputes, with poorly drafted contracts identified as the primary culprit. While no contract can guarantee dispute-free operations, understanding best practices and the importance of tailored agreements can significantly minimize risks in complex maritime transactions subject to delays, sanctions, regulatory requirements, and market conditions.

November 2002, Tortola, British Virgin Islands – O'Neal Webster is pleased to announce that maritime attorney A. Hermia Tench is among the six new board members appointed...

On 18 February 2020, EU Finance Ministers updated the EU list of non-cooperative tax jurisdictions, upgrading the British Virgin Islands to whitelist status

The issue of offshore jurisdictions and the role they play in the global economy has come under extreme scrutiny, especially from onshore governments seeking to increase tax revenues.

Prior to the impact of COVID-19, effect of service of a claim form or other document on a BVI Business Company...

O'Neal Webster hopes that you, your family, your co-workers, and communities are staying healthy and positive during these challenging times

BVI Financial Services Commission (FSC) has issued a reminder to BVI companies whose financial year is a calendar year that the 9-month extension for filing initial annual financial returns (annual returns)...

The principles of English common law and equity form part of British Virgin Islands (BVI) law and would be applied by the BVI's courts, except to the extent that they have been modified by statute.

The British Virgin Islands Financial Services Commission (FSC) has recently recognised Asia-based Fusang Exchange Ltd as its first digital securities and asset exchange.

What was once a group of islands thought to be settled by accident rather than by design, has now, rather aptly, been termed "the treasure under our feet."

Bitcoin's recent surge in value, climbing from around US $21,000 per Bitcoin to over US $70,000 (currently circa US $69,000), has been a significant development.

On August 31, 2020, the Financial Services (Fintech Regulatory Sandbox) Regulations 2020 came into force, significantly enhancing the British Virgin Islands regulatory framework...