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Virgin Islands Shipping Registry to Become a Statutory Body

The Virgin Islands Shipping and Maritime Authority Act, 2023 successfully received assent on October 16, 2023. It is now imminent that The Virgin Islands Shipping Registry will become independent of the Central Government of the Virgin Islands and carry out…
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How to Save Your BVI Company From Insolvency

The world has witnessed the failure of several banks over the past months, starting with Silicon Valley Bank and Signature Bank in the United States, followed by the collapse of the 167-year-old global firm Credit Suisse. These bank failures can…
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British Virgin Islands reinstated to EU’s list of cooperative jurisdictions for tax purposes

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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Illusory trusts in the British Virgin Islands and section 86 of the BVI’s Trustee Act

The laws of the BVI The principles of English common law and equity form part of British Virgin Islands (BVI) law and would be applied by the BVI’s courts, except to the extent that they have been modified by statute.…
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O’Neal Webster Managing Partner Vanessa King Elected to STEP Worldwide Council

folder_openArticles, Firm, Trusts & Estates, Vanessa King
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October 2, 2023 – BRITISH VIRGIN ISLANDS – O’Neal Webster is pleased to announce that Managing Partner Vanessa King has been elected as a STEP Worldwide Council representative for the Caribbean and Latin America Region. In this role, she represents…
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Christopher Simpson Named to Lead O’Neal Webster’s Corporate & Commercial Department

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

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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How to Secure Your Certification or Collective Trade Marks in the BVI

A trade mark provides essential benefits, including legal rights, asset value and global protection for your business. For example, trade marks registered in multiple countries provide international protection for your brand and make it easier to take advantage of new…
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