The primary legislation in the British Virgin Islands (“BVI”) which regulates the investment funds industry is the Mutual Funds Act, 1996 (the “Act”).
Articles
Dealing with Shares of a Deceased Shareholder of a BVI Company
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Under BVI law, the assets of a deceased person situate in the BVI can only be dealt with by a person authorised to do so under BVI law.
The Securities and Investment Business Act, 2010 of the British Virgin Islands (A Checklist for Private and Professional Funds)
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The Securities and Investment Business Act, 2010 (“SIBA”) and the accompanying Mutual Funds Regulations, 2010 came into effect on May 17, 2010 and have replaced the Mutual Funds Act, 1996.
Continuation of a Foreign Company into the BVI
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Companies often consider “what if” they could transfer to another jurisdiction based on what is currently happening in their current jurisdiction or simply to take advantage of developments within another jurisdiction.
Owning Property in the British Virgin Islands
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Whether you’re interested in luxury or mid-income properties, raw land or a move-in ready home, the British Virgin Islands, a favourite of both sailors and stars alike, might be the perfect destination for a practical yet priceless property investment.
BVI Securities and Investment Business Act, 2010
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The recently enacted Securities and Investment Business Act, 2010 (“SIBA”) of the British Virgin Islands (“BVI”) will come into effect on 17 May 2010. The primary objectives of SIBA are to: regulate persons carrying on “investment business” in or from…
Read More Expanding the scope of IP applications in the BVI – the proposed new Trademarks Legislation
The much anticipated Trade Marks Bill (“the Bill”) was recently circulated to the industry for comments.
Securities and investment business regulations in the British Virgin Islands (Copyright Global Business Magazine, first published April 2012)
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It has been almost two years since the Securities and Investment Business Act, 2010 (‘SIBA’) in the British Virgin Islands (‘BVI’) was established – coming into effect on May 17th 2010.
Through The Open Window – Leveraging Cross-Jurisdictional Opportunities For BVI Property Transfers
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A rare congruence of exemptions un- der the US and BVI tax codes has prompted United States (“U.S.”) citi- zens holding British Virgin Island (“BVI”) property to undertake intervivos transfers to their heirs during 2012.
When a Home Fails Inspection
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By Willa Tavernier, O’Neal Webster BVI My last article explored the different types of reports that are typically generated in a home sale—the termite inspection, structural survey, land survey, and title search reports. Home inspections are very useful as they give…
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