Welcome to the final edition of our Quarterly Corporate Update for 2024 covering recent developments in the British Virgin Islands.
The fourth quarter of 2024 saw continued strong activity in the BVI office. Our corporate...more
2/27/2025
/ Acquisitions ,
Beneficial Owner ,
British Virgin Islands ,
Business Entities ,
Corporate Governance ,
Corporate Transparency Act ,
Disclosure Requirements ,
Incorporation ,
Investment ,
Investment Funds ,
Mergers ,
Private Equity ,
Registered Funds ,
Regulatory Requirements ,
Reporting Requirements ,
Trusts
The African mining industry is an attractive destination for many global mining companies, but structuring deals on the continent is not always straightforward for foreign investors in the sector. That backdrop means many...more
2/20/2025
/ Africa ,
British Virgin Islands ,
Business Entities ,
Corporate Financing ,
Corporate Governance ,
Foreign Investment ,
Investment ,
Investment Funds ,
Investors ,
Mining ,
Private Equity
In this review of taxation and the British Virgin Islands, Conyers Corporate Counsel Nicholas Kuria discusses some of the most commonly misunderstood notions relating to the use of offshore jurisdictions, with a focus on the...more
2/5/2024
/ AML/CFT ,
Beneficial Owner ,
British Virgin Islands ,
Business Assets ,
Capital Gains Tax ,
Common Reporting Standard (CRS) ,
Compliance ,
Corporate Taxes ,
Deeds ,
FATCA ,
Financial Institutions ,
Fraudulent Concealment ,
Income Taxes ,
International Tax Authority ,
IRS ,
Jurisdiction ,
Mutual Legal Assistance Treaties (MLAT) ,
OECD ,
Offshore Companies ,
Popular ,
Securities Transactions ,
Stamp Duty Land Tax ,
Tax Authority ,
TIEA ,
Transparency ,
UK ,
Wealth Tax
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
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
British Virgin Islands funds can be helpful to African investors and businesses in a number of ways. BVI Counsel Nicholas Kuria discusses the various options with Africa Legal.
Originally published on Africa Legal -...more
1/23/2023
/ Africa ,
BVI Business Companies ,
Fund Managers ,
Infrastructure ,
Investment ,
Investors ,
Mining ,
Private Funds ,
Public Funds ,
Risk Mitigation ,
Technology Sector
In this edition of our monthly webinar series, BVI Webinar Series: Key Developments Affecting BVI Companies, BVI Counsel Rachael Pape and Nicholas Kuria provide an overview of Economic Substance for BVI Companies, three years...more
Conyers attorneys Eric Flaye and Nicholas Kuria provide a practical overview of cryptocurrency and tokens in the British Virgin Islands and discuss the impending Virtual Asset Services Providers Act, 2022.
This webinar is...more
The British Virgin Islands (“BVI”) is proposing to introduce virtual assets service provider (“VASP”) legislation and has recently circulated a draft bill in the form of the Virtual Assets Service Providers Act, 2022 (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 are widely varying opinions on blockchain and cryptocurrency. Corporate and TMT expert Nicholas Kuria recently spoke to Africa Legal about the impacts of the technology on business, nations and lawyers.
Originally...more
10/7/2022
/ Africa ,
Blockchain ,
BVI Business Companies ,
Cryptocurrency ,
Digital Currency ,
Financial Services Industry ,
Innovative Technology ,
Investment ,
Investors ,
Popular ,
Regulatory Agenda ,
Small and Medium-Sized Enterprises (SMEs) ,
Startups ,
Technology
Nicholas Kuria discusses BVI Vehicles and Digital Business in Africa with Africa Legal.
Corporate and technology, media and telecommunications (TMT) expert Nicholas Kuria recently discussed the evolution of digital...more
New regulations in the British Virgin Islands are transforming the offshore centre into an international fintech hub — and African companies could benefit.
Originally Published in African Legal....more
We will begin with an overview of the tax position. The British Virgin Islands has no corporate tax, capital gains tax, wealth tax, or any other tax applicable to a British Virgin Islands company. These companies are exempted...more
From its infancy the 1980s in the form of arcade video gaming, electronic sports (or “esports”) has seen rapid growth in recent years with the advancement in technology and the internet. Briefly, esports are competitive...more