British Virgin Islands: Corporate and Company Law

The BVI’s April 2026 update to its CRS Guidance Notes advances the implementation of CRS 2.0, expanding the scope of reportable accounts and introducing new compliance and reporting obligations ahead of the first reporting deadline on 31 May 2027.

When a sole shareholder and director of a BVI company passes away, the absence of a director can lead to significant administrative challenges and delays in estate administration. This article examines practical solutions available under BVI law, including the strategic appointment of reserve directors and the use of trust structures, to ensure business continuity and facilitate the smooth transfer of shares to beneficiaries.

The British Virgin Islands has emerged as a premier offshore jurisdiction for Latin American high-net-worth families seeking sophisticated wealth preservation and succession planning solutions.

The Virgin Islands Special Trust Act, 2003 (VISTA) was enacted to make special provision for trusts of shares in companies and for related matters.

For investors and family offices operating internationally, managing risk while keeping structures simple is a challenge. The British Virgin Islands (BVI) offers a well-established solution: segregated portfolio...

The BVI Financial Services Commission has as of December 24, 2025 approved an extension of the period during which existing entities formed prior to January 2, 2025...

In the BVI, one of the world's leading offshore incorporation jurisdictions, Norwich Pharmacal orders have become essential tools in unveiling the ultimate beneficial owners (UBOs) behind corporate structures.

The BVI Court of Appeal in Byers v Chen confirmed that directors owe fiduciary duties to creditors when a company is insolvent or near insolvency...

BVI updates its beneficial ownership regime in 2025, requiring companies and partnerships to file up-to-date ownership information with the Registrar.