This quick reference chart has been prepared for the assistance of those who are considering the formation of an investment fund in an offshore jurisdiction such as the British Virgin Islands (“BVI”) or the Cayman Islands (“Cayman”) and compares the jurisdictional requirements for the establishment and operation of such a fund. In particular, it highlights the similarities between the jurisdictions but also shows the advantages of using the BVI over Cayman.
To view the chart, click on the following link – BVI vs Cayman – Investment Funds
This chart is general in scope and is not intended to be comprehensive. It should not be viewed as a substitute for legal advice.