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The British Virgin Islands | Benefits of BVI Ship Registration (Revised 2022)

BVI Ship Registration Overview The Virgin Islands Shipping Registry continues to make strides in engaging the international community. In the past decade, the BVI has become a sturdy jurisdiction for international registrations. As a Category 1 Registry, many of the…
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Virgin Islands Cabinet appoints O’Neal Webster maritime attorney A. Hermia Tench to the BVI Ports Authority Board

November 2002, Tortola, British Virgin Islands – O’Neal Webster is pleased to announce that maritime attorney A. Hermia Tench is among the six new board members appointed to the British Virgin Islands Ports Authority Board. Ms Tench will serve a…
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Licensing a Registered Trade Mark in the British Virgin Islands

Known worldwide for its robust shipping registry, trusts, funds, and corporate law sectors, the British Virgin Islands has also emerged as a globally competitive jurisdiction for registering and protecting the intellectual property of BVI companies and independent brand owners. The…
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O’Neal Webster advises Masplay on its acquisition of Nike de Chile Ltda

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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Important Amendments to the BVI Business Companies Act Take Effect on January 1, 2023

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 Trust Law

BVI Introduces New Reserved Power Trust Legislation

By Christopher McKenzie for Trusts & Trustees, Oxford University Press Background—why reserved power legislation has been enacted Many prospective settlors, especially those from jurisdictions or family backgrounds in which trusts do not feature,1 the establishment of a lifetime trust can…
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BVI Financial Services Commission Announces New Arrangement for Regulated Oversight

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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