"The light that comes from wisdom never goes out"
A new report from the European Union Tax Observatory suggests that European banks are reaping about 14 percent of their total profits — about 20 billion euros a year — …
Continue reading “Report: EU banks reap billions from VI, others”
BVI Finance has praised a British think tank’s new paper about public registers of beneficial ownership, a topic which has put the Virgin Islands and other overseas territories at odds …
A recent report by the nonprofit Tax Justice Network alleged that the Virgin Islands is responsible for 3.81 percent of global tax losses amounting to $16.3 billion, a figure that …
Continue reading “Report blames VI for 3.81% of global tax loss”
The economic hardships created by the Covid-19 crisis have prompted some desperate residents to put their money in illegal Ponzi and pyramid schemes that can promise as much as a …
The global Covid-19 crisis is slowing the ongoing implementation of “economic substance” rules that affect international financial centres, but this delay may result in a more considered strategy and rollout, …
Notice of Appointment of a Liquidator under Section 204(1)(B) of the BVI Business Company Act, 2004 Decxin Consulting Company Limited 德和信咨询有限公司 (In Voluntary Liquidation) Company No. 2019967 NOTICE is hereby …
For financial services firms now compelled to conduct most or all of their business virtually due to the global coronavirus pandemic, the Virgin Islands is an ideal place to do …
Continue reading “Financial services adapt to ‘social distancing’”
Notice of Appointment of a Liquidator under Section 204 of the BVI Business Company Act. Super Titan Limited (In Voluntary Liquidation) IBC No. 2021908 NOTICE OF LIQUIDATOR’S APPOINTMENT NOTICE IS …
The “Business Solutions Forum” on financial services last week was closed to the media, but BVI Finance said in a subsequent press release that the approximately 80 attendees discussed “infrastructure, …
Government held the second of its Business Solutions Forums on Tuesday — though any ideas arising from the forums have yet to be revealed to the public. Tuesday’s forum, held …
Continue reading “Solutions Forum held for financial services”
Moonscape Holdings Ltd (the Company) (In Voluntary Liquidation) NOTICE is hereby given that the liquidation of Moonscape Holdings Ltd. commenced on the 15th day of January, 2020 and Mr. Walter Reich of …
A recent report from Berlin-based non-governmental organisation Transparency International explores how businesses and institutions in the United Kingdom help corrupt individuals and regimes launder money, and it draws a “clear …
The Virgin Islands financial services industry has seen “minimal” impact from the recent pro-democracy protests in Hong Kong, Premier Andrew Fahie said while answering a question from Opposition Leader Marlon …
Continue reading “Premier sees “minimal” impact from Hong Kong protests”
An amendment to the Beneficial Ownership Secure Search System Act, which was rushed through the House of Assembly on Friday, is designed to pave the way for the new rules …
Notice of Appointment of a Liquidator under Section 204 of the BVI Business Company Act. GARTON VENTURES LTD (IN VOLUNTARY LIQUIDATION) Company No. 1440517 NOTICE is hereby given pursuant to …
The Virgin Islands financial services industry continued a downward slide in the second quarter of 2019, incorporating 6,365 new companies to turn in its worst quarter since 2003, when the …
Notice of Appointment of a Liquidator under Section 204 of the BVI Business Company Act. ZRH Nominees (0043) Ltd. (IN VOLUNTARY LIQUIDATION) Company No. 294154 NOTICE is hereby given pursuant …
The Virgin Islands incorporated 7,214 new companies in the first quarter of 2019, representing an approximately 19 percent dip from the previous quarter’s total of 8,916 incorporations and turning in …
Over the past decade, Latin American families have become increasingly likely to declare their wealth to tax authorities in their home countries, according to Martin Litwak, founder of Untitled (formerly …
Continue reading “Latin American transparency could provide opportunities”
Business Companies Act, 2004 BW Energy Ltd BVI COMPANY NUMBER 1969860 Voluntary Liquidation Notice is hereby given that BW Energy Ltd has been dissolved and has been struck from the Register of Companies with …
The territory’s financial services industry managed to weather a number of threats from abroad and finished 2018 stronger than the previous two years, as indicated by recently published fourth-quarter 2018 …
Continue reading “Financial services had best year since 2015”
Caspian Investment Advisory Ltd. (In Voluntary Liquidation) Company No. 681368 Notice is hereby given that pursuant to Section 204(1)(b) of the BVI Business Companies Act, 2004 that the Company …
In gauging what did and didn’t go in to the hotly anticipated draft Economic Substance Code released last week by the International Tax Authority, some insiders say one need only …
Continue reading “Draft Economic Substance Code “makes the job easier””
As financial services professionals meet behind closed doors, trying to make sense of the newly released draft Economic Substance Code, Simon Gray, head of business development and marketing at BVI …
On Tuesday, the European Union added 10 more jurisdictions to its expanding blacklist, tripling the number of jurisdictions already listed. The Virgin Islands was not one of them. In an …
Continue reading “VI avoids EU blacklist, but remains on ‘grey list’”