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Christopher Simpson

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Investment Fund Managers “Brexit” to the BVI

In the post-recession economy, investment managers are looking for increased flexibility and ways to maximise investor returns by minimising set up costs, government fees, and other related functionary and advisory costs. That is why many are now “Brexiting” to the…

Onshore vs Offshore – is there really a battle?

Over the past few months the issue of offshore jurisdictions and the role they play in the global economy has come under extreme scrutiny, especially from onshore governments seeking to increase tax revenues. The recent Panama Papers Leak has only…

Announcing: 2016 STEP Caribbean Conference in St. Lucia

Thought-provoking, engaging, and always leading edge, STEP CC16 —the Society of Trust and Estates Practitioners Caribbean Conference 2016— will showcase the best of the region along with some of the most interesting speakers in the global trust and wealth structuring…

Corporate Law Evolution at its Best

(A synopsis of the recent amendments to the BVI Business Companies Act) The renowned BVI Business Companies Act which came into effect 2005 and modernised the BVI corporate law regime promulgated under the earlier International Business Companies Act of 1984,…

Business Companies Act Amendments Breakfast Forum

BVI Finance is hosting another installment in their breakfast forums series on March 9, 2016 from 8:00-9:30 AM. This forum will focus on the 2015 amendments to the BCA and is rightfully titled, “Business Companies Act 2015 Amendments, Cautions and Opportunities.”…

BVI Business Companies Act to be Further Enhanced

By Christopher Simpson, O’Neal Webster Partner. The renowned BVI Business Companies Act which came into effect 2005 and modernised the BVI corporate law regime promulgated under the earlier International Business Companies Act of 1984, is to be further enhanced through…

Unleashing the Power of the BVI Restricted Purposes Company

Modern day company law has largely moved away from the concept of “ultra vires” which sought to limit the ability of a company to enter into transactions outside its stated objects. The British Virgin Islands officially moved away from the…
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