Corporate & Commercial

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

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O’Neal Webster scores landmark win for BVI companies’ right to privacy and confidentiality of information

TORTOLA, BRITISH VIRGIN ISLANDS, 26 July 2018 —The BVI High Court handed down its much-anticipated decision in the case of Magnum Investment Trading Corporation & Niteroi Limited v. The AG of the Virgin Islands on Thursday, 19 July 2018. The…
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BVI Takes Lead in Establishing Simple, Transparent, and Inexpensive Incorporation for Microbusinesses Around the World

Microbusinesses are a growing, vibrant, and profitable economic segment throughout the world. Such enterprises provide flexibility for individuals to operate on their terms, according to their skills and passions. Microbusinesses generally are defined by modest annual sales and asset values…
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British Virgin Islands’ New Limited Partnership Act Offers Significant Changes

Best-known for its stunning natural beauty—jewel-colored waters, soft sandy beaches, and lush mountain ridges—the British Virgin Islands also excels among her peers in the international financial services industry. Notably, the Territory is relentless in its pursuit of refining and advancing…
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BVI Capital Economics Study and History of International Trade Vindicates Offshore Centre

International Trade The history of trade can be traced back for thousands of years, from the early days of bartering to the introduction of money, and now, modern, complex trade and finance arrangements between individuals, countries, and international trade groups.…
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RIP: Winding up a BVI Company Through Voluntary Liquidation

“All good things must come to an end.” – Well-known saying by Geoffrey Chaucer (1374). Why Choose Voluntary Liquidation BVI companies are commonly incorporated without a specific termination period. However, once they have served their useful business purpose their owners…
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BVI Supports Two Million Jobs Globally, Says Independent Report

June 2017, TORTOLA—New data released June 21, 2017 show that the British Virgin Islands financial services industry supports roughly two million jobs in global investment and trade, worldwide. The independent study by Capital Economics found that the BVI mediates over…
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Protect Your BVI Business Company Assets

For years, the BVI Business Companies Act has provided an attractive and appropriate vehicle to hold property in the BVI and abroad, many finding it a particularly useful strategy in estate planning. But persons who neglect their BVI Business Company…
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New Guidelines for Insolvency Cases Being Tested in The Eastern Caribbean Supreme Court

The Eastern Caribbean Supreme Court recently acted to increase coordination, cooperation, and communication among courts in cross-border proceedings of insolvency or debt adjustments, joining Singapore, Delaware, Bermuda, England and Wales, and the Southern District of New York in adopting the…
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Jamaica’s Consumer Protection Laws

This Q&A excerpt from Christopher Simpson on Jamaica’s consumer protection laws was first published in the Dialogue’s “Latin America Financial Services Advisor,” April 5, 2017. Q: Jamaica’s government is planning to create a new financial services consumer protection agency. Finance…
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