British Virgin Islands: Corporate and Company Law

Are you involved in managing or advising a British Virgin Islands ("BVI") company? Understanding the duties owed by directors...

The BVI Commercial Court has followed the English Court of Appeal decision in Servis-Terminal LLC v Drelle [2025] EWCA Civ 62, holding that an unrecognised foreign court judgment cannot found insolvency proceedings.

Thinking of paying dividends from your British Virgin Islands ("BVI") company? Subject to compliance with the applicable statutory solvency test and any restrictions contained in a company's memorandum and articles...

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.

Against this backdrop, the Privy Council's decision in Aquapoint LP (in Official Liquidation) v Xiaohu Fan marks a significant development in the jurisprudence surrounding the 'just and equitable' winding up jurisdiction.

In this article, Shaun Reardon-John provides a bird's-eye view on how BVI regulation of the financial service sector has improved within the BVI over the past 20 years. He also shares how this has impacted BVI shareholder disputes

In the British Virgin Islands ("BVI"), the regulatory landscape for corporate governance has evolved, making it more critical than ever for companies to remain vigilant in ensuring...

Welcome to the second edition of our quarterly Corporate Review for 2025 covering recent developments in the British Virgin Islands.