News and Articles

NEWS AND ARTICLES

Twenty Tips and Tricks for BVI Trustees and Registered Agents – Part One

March 11, 2025

The following is the first of a four-part series written by Chris McKenzie One Underlying assets are not trust assets. One sometimes comes across provisions in trust deeds and other trust documentation which refer to the underlying assets of companies,…

BVI Government Amends the BVI Charter Acts, in Effect June 1, 2025

March 3, 2025

O'Neal Webster

The Government of the Virgin Islands has amended the Commercial Recreational Vessels Licensing Act, 1992 (the CRVL), the Cruise and Home Port Permit Act, 2001 (the CHPP), and the Customs Management and Duties Act, 2021 (the CMDA). The amendments, passed…

Chambers Global 2025 Recognizes O’Neal Webster’s Dispute Resolution, Corporate, Finance, and Funds Practices in the BVI Jurisdiction

February 20, 2025

O'Neal Webster

Feb 2025, BRITISH VIRGIN ISLANDS – We are delighted to share that O’Neal Webster has again been recognized in Chambers Global Guide 2025 for the British Virgin Islands jurisdiction in Dispute Resolution and Corporate & Finance, including Funds categories. Ranked…

Paul Webster, KC, Returns to O’Neal Webster

February 12, 2025

O'Neal Webster

Leading British Virgin Islands law firm O’Neal Webster announced the return of former managing partner and King’s Counsel Paul Anthony Webster following his distinguished tenure as a judge on the Court of Appeal and the Commercial Court of the Eastern…

Important Amendments to the BVI Business Companies Act for January 2025

December 31, 2024

O'Neal Webster

The BVI Business Companies (Amendment) Act, 2024 (the Amendment Act), published in the BVI Gazette in September 2024, came into force on January 2, 2025. The amendments seek to ensure that the British Virgin Islands (BVI) keeps up to date…

Recruiting for 4-6 Year PQE Attorney for Civil and Commercial Litigation

December 3, 2024

O'Neal Webster

O’NEAL WEBSTER, a leading law firm in the British Virgin Islands, is recruiting for a 4 to 6-year PQE attorney for its civil/commercial litigation department. O’Neal Webster has a broad range of commercial litigation clients in the BVI and internationally.…

British Virgin Island Trustee (Amendment) Act, 2024 Highlights

December 2, 2024

O'Neal Webster

The British Virgin Islands (BVI) legislature has made several amendments to the Territory’s Trustee Act (the Act). These were made by the Trustee (Amendment) Act, 2024 (the Amendment Act). The relevant amendments have been made to reflect issues arising from…

BVI Minimum Wage Increase: POSTPONED Until Q1 2025

August 28, 2024

O'Neal Webster

The minimum wage in the British Virgin Islands (the BVI) was expected to increase by over 40 percent from $6.00 per hour to $8.50 per hour, effective November 30, 2024, heralding the BVI’s first increase since 2016 and its second…

BVI Wills and the Impact of Non-BVI Laws

June 24, 2024

O'Neal Webster

Private international law issues which need to be considered both before and after preparing a British Virgin Islands will disposing of shares in a British Virgin Islands company. Abstract This note considers the need, when preparing wills disposing of shares…