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What BVI Employers Need to Know and Do in the Present COVID-19 Business Environment

Over the past few weeks, British Virgin Island authorities and the business community have been actively monitoring the rapidly evolving COVID-19 disease. With the surge of reported cases around the world, and now in the Caribbean, all major stakeholders in…
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BVI FSC Extends Annual Licence Fee Payment Deadline for Certain Licensees

An important notice came from the British Virgin Islands Financial Services Commission (the Commission) on March 23, 2020. The Commission acknowledged the possible business disruptions that the global pandemic COVID-19 may present for certain licensees in complying with the upcoming…
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Making a Will Won’t Kill You

Why Shareholders of BVI Companies and the Owners of BVI Real Property Should Consider Executing Wills Many people tend to put off the preparation of a will to a future date, but there are numerous reasons to grab the bull…
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O'Neal Webster-BVI Law- Road town on Tortola the capital of British Virgin islands

EU Upgrades BVI to Whitelist Status

BVI government welcomes whitelist status announcement. Blacklist expands to include 12 jurisdictions. On 18 February 2020, EU Finance Ministers updated the EU list of non-cooperative tax jurisdictions, upgrading the British Virgin Islands to whitelist status, which designates the country as a fully…
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O’Neal Webster Managing Partner Elected to Chair of STEP Caribbean and Latin America Region Committee

folder_openFirm, News, Trusts & Estates, Vanessa King
turned_in_notSTEP BVI, STEP Caribbean, Trusts & Estates, Vanessa King
FEB 25, 2020. BRITISH VIRGIN ISLANDS – STEP, the global professional body of trust and estate professional advisors, has announced that O’Neal Webster Managing Partner Vanessa King has been elected to chair the STEP Caribbean and Latin America Region Committee for…
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New Regime for BVI Closed-End Funds Brings Major Changes

The British Virgin Islands government recently passed new legislation affecting the funds industry. In particular, the new BVI Securities and Investment Business (Amendment) Act, 2019 institutes a supervisory regime for closed-ended funds, with the following major changes. Most closed-ended funds will…
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Benefits of a BVI Trademark:

Classification of goods and services in protecting particular brands in the British Virgin Islands We cannot over emphasize the importance of protecting your brands. In this digital age, trademarks are becoming more vulnerable to infringement. Mass production and counterfeit products…
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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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