British Virgin Islands: Corporate/Commercial Law

This update considers the practical consequences for existing BVI companies and limited partnerships which have not yet submitted their filings and actions they should now be taking.

The most-read publications out of our British Virgin Islands office in 2025 reflect readers' continued interest in the evolving legal, regulatory and commercial landscape of the jurisdiction.

In practical terms, that right extended here to unredacted engagement letters with legal counsel revealing the identity of a third‑party litigation funder paying the companies' legal bills. "Improper purpose" remains a possible constraint, but it is narrow and must be proved with cogent evidence by the party resisting inspection.