For years, the BVI Business Companies Act has provided an attractive and appropriate vehicle to hold property in the BVI and abroad, many finding it a particularly useful strategy in estate planning.

International financial records recently stolen from two offshore services firms and 19 corporate registries maintained by governments were leaked to journalists ...

The world has witnessed the failure of several banks over the past months, starting with Silicon Valley Bank and Signature Bank in the United States...

A resulting trust will generally arise by operation of law whenever a person directs property which has been acquired from his or her own resources to be placed in the name of another.

The global financial crisis has had a major impact on private equity investors globally and has put the investment funds industry, in particular, under intense scrutiny.

Since the BVI's Financial Services (Exemptions) Regulations, 2007 (as amended, "the PTC Regulations") came into effect, the BVI has become the jurisdiction of choice for private trust companies...

British Virgin Island law sets out clear procedures for striking off, dissolution, and restoration of BVI companies. Governed by the BVI Business Companies Act and the Insolvency Act...

The British Virgin Islands is an ideal home jurisdiction for establishing joint ventures because of the variety of structures available under its laws.

Microbusinesses are a growing, vibrant, and profitable economic segment throughout the world. Such enterprises provide flexibility for individuals to operate on their terms ...

The Amendment Act has introduced some new concepts and in some cases has sought to clarify certain aspects of the existing legislation while providing greater flexibility in other areas.

Amendments to the BVI Business Companies Act, 2004, and BVI Business Companies Regulations, which took effect on January 1, 2023, require BVI companies to file an annual financial return (AFR)...

In the British Virgin Islands, a ship mortgage is recognized as a charge or encumbrance attached to a vessel as security, guaranteeing the ship owner's obligations as mortgagor...

The United Nations General Assembly adopted the UN Convention on the International Effects of Judicial Sales of Ships on 7 December 2022. The Convention looks to ensure certainty...

From time to time economic or legislative changes within a jurisdiction may cause the directors of a company to re-assess whether the company's domicile should not be changed.

Directors of British Virgin Islands ("BVI") companies have certain fiduciary duties which arise both at common law and under statute.

Creating a Last Will and Testament if you reside in the BVI is both good for you and your loved ones

The British Virgin Islands government recently passed new legislation affecting the funds industry. In particular, the new BVI Securities and Investment Business (Amendment) Act, 2019 ...

Companies often consider "what if" they could transfer to another jurisdiction based on what is currently happening in their current jurisdiction or simply to take advantage of developments within another jurisdiction.

News outlets, including The Guardian and CNBC, were reporting and market watchers were opining in early 2019 that a slowing world economy forebodes a major global economic shift—possibly...

A reverse takeover (RTO) is a transaction by which a publicly traded company acquires all the shares of a target company that has an operating business, but whose shares are privately held.