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BVI Business Company

MITIGATING BVI BUSINESS COMPANY DISRUPTION

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O'Neal Webster
folder_openArticles, Asha Johnson-Willins, Christopher McKenzie, Corporate & Commercial, Jenelle Archer, Kerry Anderson, Property & Business, Trusts & Estates
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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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The Substantive Issue of Economic Substance: A BVI perspective

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O'Neal Webster
folder_openArticles, Christopher Simpson, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets
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By Christopher Simpson, O’Neal Webster The issue of economic substance is not a new one. More and more, modern companies coupled with new technology and trading practices challenge the notion of “economic substance” for value creation in the traditional sense…
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BVI ITA Releases Economic Substance Rules

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O'Neal Webster
folder_openArticles, Banking & Finance, Christopher Simpson, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets, Kerry Anderson, News, Property & Business
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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

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O'Neal Webster
folder_openArticles, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets, Kerry Anderson, News, Property & Business, Vanessa King
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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

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O'Neal Webster
folder_openArticles, Corporate & Commercial, Kerry Anderson
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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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Interview with Vanessa King

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O'Neal Webster
folder_openArticles, Banking & Finance, Corporate & Commercial, Firm, News, Vanessa King
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Legal 500’s newly launched magazine, fivehundred, interviewed O’Neal Webster Managing Partner Vanessa King for the April 2019 edition, talking about talent retention, EU blacklisting, launching a New York office, building a thriving law firm team, and the difficulties of having…
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Navigating the British Virgin Island’s Economic Substance (Companies and Limited Partnerships) Act, 2018

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O'Neal Webster
folder_openArticles, Corporate & Commercial, Investment Funds, Regulatory & Digital Assets, Kerry Anderson
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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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