Kerry Anderson

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BVI Business Company

MITIGATING BVI BUSINESS COMPANY DISRUPTION

Structure your BVI company shareholding to eliminate or reduce delays associated with probate Ease of operation and flexibility are two of the most attractive features of a BVI business company (BVIBC). However, the death of a shareholder can cause disruption…
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BVI ITA Releases Economic Substance Rules

The International Tax Authority (ITA) in the British Virgin Islands (BVI) has now released the Rules on Economic Substance (the Rules) which provides guidance on the interpretation of provisions under the Economic Substance (Companies and Limited Partnerships), 2018 (the Act). …
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Evolving World Economy in BVI

Sailing Into the Headwinds of an Evolving World Economy

The world economy continues to grow, not only in complexity but in competitiveness. Although the British Virgin Islands is recognized as a significant contributor to global wealth, the country continues to face headwinds in the race to keep pace with evolving trends…
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Global Implications for Offshore Financial Centers and Companies in the Wake of EU Economic Substance Requirements

The passage of the EU’s economic substance legislation for most offshore financial jurisdictions has ushered in challenging new criteria. Writing for Trusts & Trustees, the leading international journal on trust law and practice and the official journal of the International Academy…
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Navigating the British Virgin Island’s Economic Substance (Companies and Limited Partnerships) Act, 2018

By Kerry Anderson, Partner, Head of Funds & Regulatory Department The European Union continues to push out new rules aimed at offshore financial centers. Specifically, the Code of Conduct Group (CCG) within the EU’s Economic and Financial Affairs (ECOFIN) Council…
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Legal and Economic Significance of Offshore Finance in the British Virgin Islands

International financial records recently stolen from two offshore services firms and 19 corporate registries maintained by governments were leaked to journalists and their details subsequently published around the world. But beyond the hype, however, we find no intelligent inferences of…
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O’Neal Webster Earns Top Legal Adviser Status in Chambers Global for Corporate & Finance and Dispute Resolution

March 18, 2016 – TORTOLA – Once again, Chambers Global has recognized O’Neal Webster’s Corporate & Finance and Dispute Resolution practices in its 2016 edition. Also honored for their individual work were partners Vanessa King, Corporate & Finance and Trusts…
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Why You Should Choose the BVI For Your Fund – BVI Finance – Asian Special Edition (October 2012)

folder_openArticles, Investment Funds & Regulatory, Kerry Anderson
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By Kerry Anderson It is estimated that there are more than 450,000 active companies incorporated in the British Virgin Islands (BVI) and that more than half of those companies are used in China, Hong Kong and other parts of Asia.…
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