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

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

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

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…
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Paul Webster, KC, Returns to 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…
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Important Amendments to the BVI Business Companies Act for January 2025

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…
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BVI Wills and the Impact of Non-BVI Laws

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…
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Digital Asset Industry: BVI Rises to the Top, Offers a Balanced Regulatory Regime

Bitcoin’s recent surge in value, climbing from around US $21,000 per Bitcoin to over US $70,000 (currently circa US $69,000), has been a significant development. This, coupled with the introduction of mainstream ETFs in the U.S. and the discussions around…
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Encouraging Successful Succession: Estate planning options for shareholders of BVI companies

By Christopher McKenzie¹ Shortly after the International Business Companies Act (IBC Act) came into force in 1984, the British Virgin Islands (BVI) became one of the world’s most utilised jurisdictions for the incorporation of international business companies; these companies have…
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