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
BVI companies are flexible and low cost vehicles which can be tailored to meet the specific requirements of their members and their proposed purposes while being internationally recognised and listed on exchanges around the...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
Following a meeting of the Council of the European Union on 17 October 2023, the British Virgin Islands (“BVI”) was removed from the EU list of non-cooperative jurisdictions for tax purposes (Annex I), the EU’s so-called...more
Recent 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....more
In the final installment of Conyers' webinar series on key developments affecting BVI companies, Partner Anton Goldstein and Counsel Nicholas Kuria provide an overview of the M&A structures available in the British Virgin...more
BVI offers a number of advantages for the efficient and cost effective set up of both open-ended and closed-ended funds.
In this webinar, Conyers Partners Anton Goldstein and Eric Flaye walk you through the menu of BVI...more
Requirement to appoint a Money Laundering Reporting Officer (“MLRO”) -
Under the Anti-Money Laundering Regulations (Revised Edition 2020), as amended by the Anti-Money Laundering (Amendment) Regulations, 2022, and the...more
12/30/2022
/ Amended Regulation ,
Anti-Money Laundering ,
British Virgin Islands ,
BVI Business Companies ,
Common Reporting Standard (CRS) ,
FATCA ,
Financial Institutions ,
Financial Services Industry ,
Investment Adviser ,
Mutual Funds ,
OECD ,
Private Investment Funds ,
Regulatory Agenda ,
Reporting Requirements
In this first in a series of monthly webinars, Partners Robert Briant, Anton Goldstein and Counsel Rachael Pape provide a practical overview of recent changes to company law in the British Virgin Islands and discuss the...more
On 5 October 2022 the UK Supreme Court (UKSC) handed down its “momentous” decision in BTI 2014 LLC v Sequana SA and others1. The case addresses issues of ‘‘considerable practical importance to the management of companies’’,...more
There have recently been a number of amendments to BVI company law. While many of these amendments are technical and will not have a material impact on clients, there are four key changes of which clients should be aware. All...more
9/30/2022
/ Beneficial Owner ,
Board of Directors ,
British Virgin Islands ,
Business Companies Act ,
BVI Business Companies ,
Financial Reporting ,
New Amendments ,
Public Records ,
Recordkeeping Requirements ,
Registered Agents ,
Regulatory Agenda ,
Required Documentation ,
UK
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
In this series of articles we consider two of the more common requests we see in terms of fund structuring options: Multi-Class Funds, and Hybrid Funds. This second article in the series will consider Hybrid Funds....more
7/2/2021
/ BVI Business Companies ,
Hedge Funds ,
Hybrid Capital Instruments ,
Illiquid Assets ,
Investment Funds ,
Investment Portfolios ,
Investors ,
Liquidity ,
Offshore Companies ,
Offshore Funds ,
Private Equity ,
Regulatory Oversight ,
Segregated Funds
In this series of articles we consider two of the more common requests we see in terms of fund structuring options: Multi-Class Funds, and Hybrid Funds. This first article in the series will consider Multi-Class Funds. Hybrid...more
The resurgence of special purpose acquisition companies (SPACs) as an alternative to traditional IPOs was one of the major talking points of 2020. SPACs enjoyed somewhat of a renaissance in 2020, particularly in the United...more
6/11/2021
/ British Virgin Islands ,
BVI Business Companies ,
Cayman Islands ,
Initial Public Offering (IPO) ,
Interest Rates ,
Investors ,
Jurisdiction ,
Nasdaq ,
Offshore Companies ,
Private Equity Funds ,
Securities and Exchange Commission (SEC) ,
Special Purpose Acquisition Companies (SPACs) ,
Startups ,
UK ,
Venture Capital