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Corporate & Commercial

Articles and news about BVI corporate and commercial law and transactions.

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British Virgin Islands reinstated to EU’s list of cooperative jurisdictions for tax purposes

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O'Neal Webster
folder_openArticles, Author, Christopher Simpson, Corporate & Commercial, Firm, News
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We are pleased to announce that following a meeting of the European Union’s Economic and Financial Affairs Council on October 17, 2023, the British Virgin Islands (BVI) has been removed from the EU’s list of non-cooperative tax jurisdictions for tax…
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Christopher Simpson Named to Lead O’Neal Webster’s Corporate & Commercial Department

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O'Neal Webster
folder_openChristopher Simpson, Corporate & Commercial, Firm, News
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TORTOLA, British Virgin Islands, 8 June 2023 – O’Neal Webster is pleased to announce the appointment of Partner Christopher Simpson as Head of the firm’s Corporate & Commercial Department. In this role he will oversee the growth and development of…
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BVI Statutory Mergers: A valuable tool for business combinations and restructurings globally

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial
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The BVI statutory merger process is recognized globally and has been used effectively for many years. However, today, more global entities increasingly use BVI statutory mergers in high-value cross-border transactions. This shift substantiates the BVI’s corporate regime, which is valued…
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O’Neal Webster Partner Christopher Simpson Ranked by Prestigious Chambers and Partners Global Guide

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial, Firm, Investment Funds, Regulatory & Digital Assets
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TORTOLA – Feb 20 2023 – O’Neal Webster is pleased to announce that Chambers Global Guide has named Partner Christopher Simpson in its 2023 edition as a ranked lawyer in area of British Virgin Islands Corporate & Finance, including Investment…
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O’Neal Webster advises Masplay on its acquisition of Nike de Chile Ltda

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O'Neal Webster
folder_openChristopher Simpson, Corporate & Commercial, News, Vanessa King
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O’Neal Webster acted as British Virgin Islands counsel to Masplay, S.A. and its wholly owned subsidiary Equinox Los Andes SPA on its multimillion-dollar acquisition of Nike de Chile Ltda. Masplay is the leading Andean region marketer and distributor of athletic…
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The Latest Developments in the BVI’s Business-Friendly Corporate Law Regime 

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O'Neal Webster
folder_openArticles, Corporate & Commercial, Firm, Investment Funds, Regulatory & Digital Assets, News, Property & Business
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The Business Licensing Act, 2022, which supplements the Virgin Islands Investment Act passed in 2021, has recently been enacted (August 2022). These two acts collectively aim to increase investment by providing new opportunities for local and foreign businesses in the…
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Important Amendments to the BVI Business Companies Act Take Effect on January 1, 2023

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial
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The BVI Business Companies Act, 2004 (as amended) (BVIBC Act) is the flagship corporate legislation regulating BVI companies. In August 2022, the BVI government passed amendments to the BVIBC Act and the BVI Business Companies Regulations (as amended), which will…
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BVI Financial Services Commission Announces New Arrangement for Regulated Oversight

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets, Kerry Anderson
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The BVI Financial Services Commission issued a press release on June 28, 2022, informing practitioners of a significant change to its internal structure. A new Authorisation and Supervision Division (ASD) will replace the current Investment Business, Insurance, and Banking, Insolvency…
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