Welcome to the Conyers BVI Corporate Review for Q3 2024. In this edition we cover the upcoming annual return filing deadlines for BVI companies, recent headline transactions, recent publications and British Virgin Islands...more
10/24/2024
/ Balance Sheets ,
British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
Corporate Governance ,
Filing Deadlines ,
Filing Requirements ,
Financial Reporting ,
Financial Statements ,
Incorporation ,
Registered Agents ,
Registered Funds ,
Regulatory Agenda
The British Virgin Islands (“BVI”) are home to 361,491 active companies as of 31 December 2023. This article considers the reasons for the BVI’s popularity as a jurisdiction to structure international transactions....more
5/22/2024
/ British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
Corporate Governance ,
Corporate Taxes ,
Directors ,
Fiduciary Duty ,
Incorporation ,
Lenders ,
Mergers ,
OECD ,
Regulatory Agenda ,
Shareholders ,
Squeeze-Out Mergers ,
Taxation
Welcome to the first edition of our Quarterly Corporate Update for 2024 covering recent developments in the British Virgin Islands.
The first quarter of 2024 saw continued strong activity in the BVI office. Our corporate...more
5/20/2024
/ British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
Corporate Governance ,
Incorporation ,
International Tax Issues ,
Investment Funds ,
Investment Management ,
Legislative Agendas ,
Regulatory Agenda ,
Stock Exchange ,
Tax Planning
As described in more detail in our recent client bulletin, BVI companies are now required to prepare and file with their registered agent an “annual return” containing a basic balance sheet and income statement. This annual...more
3/28/2024
/ Balance Sheets ,
British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
Corporate Governance ,
Corporate Taxes ,
Filing Deadlines ,
Filing Requirements ,
Financial Reporting ,
Financial Statements ,
International Tax Authority ,
Registered Agents ,
Regulatory Agenda
Welcome to the latest edition of our Quarterly Corporate Update covering recent developments in the British Virgin Islands.
Q4 of 2023 saw a strong uptick in activity in the BVI office. Our corporate legal team continued...more
Welcome to the latest edition of our Quarterly Corporate Update covering recent developments in the British Virgin Islands.
Q3 of 2023 has been a busy quarter for the BVI office. Our corporate team continued to advise on...more
11/7/2023
/ British Virgin Islands ,
Business Entities ,
BVI Business Companies ,
Corporate Governance ,
Corporate Taxes ,
Financial Reporting ,
Incorporation ,
Investment ,
Registered Agents ,
Registered Funds ,
Registered Investment Companies (RICs) ,
Regulatory Agenda
Welcome to the latest edition of our Quarterly Corporate Update covering recent developments in the British Virgin Islands.
Following the flurry of legislative amendments in the latter half of 2022 and Q1 2023, Q2 has...more
Welcome to the latest edition of our Quarterly Corporate Update covering recent developments in the British Virgin Islands.
The first quarter of 2023 saw a raft of amendments to existing BVI legislation being introduced...more
4/28/2023
/ Amended Legislation ,
Beneficial Owner ,
British Virgin Islands ,
Brokers ,
Business Entities ,
BVI Business Companies ,
Companies Act ,
Corporate Governance ,
Corporate Taxes ,
Economic Substance Doctrine ,
Filing Requirements ,
Financial Reporting ,
Financial Services Industry ,
Incorporation ,
International Tax Authority ,
Investment ,
Registered Agents ,
Regulatory Agenda
Following the introduction of the Economic Substance (Companies and Limited Partnerships) Act 2018 ( ES Act) and the passing of the deadline for the first filings thereunder to be made by BVI entities, the BVI International...more
On 9 July 2021, the Data Protection Act, 2021 (the DPA) came into force in the British Virgin Islands (the BVI).The DPA applies to all BVI companies, limited partnerships and other entities that process, have control over or...more