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 …
August 28, 2020
July 8, 2020
Experts weigh in on EU, Covid-19
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, …
April 22, 2020
Notices (April 23, 2020)
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 …
March 31, 2020
Financial services adapt to ‘social distancing’
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 …
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March 11, 2020
Notices (March 12, 2020)
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 …
February 6, 2020
Business solutions forum topics revealed
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, …
February 3, 2020
Solutions Forum held for financial services
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 …
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January 29, 2020
Notices (January 30, 2020)
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 …
December 23, 2019
BVIF slams report linking VI to scandals
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 …
October 30, 2019
Premier sees “minimal” impact from Hong Kong protests
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 …
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October 28, 2019
‘Substance’ rules lead to BOSSS changes
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 …
October 23, 2019
Notices (Oct. 24, 2019)
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 …
October 9, 2019
New incorporations hit 16-year low
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 …
July 18, 2019
Notices (July 18, 2019)
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 …
July 11, 2019
Q1 incorporations down 19% from Q4
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 …
July 9, 2019
Latin American transparency could provide opportunities
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 …
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June 5, 2019
Notices (June 6, 2019)
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 …
June 4, 2019
Financial services had best year since 2015
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 …
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May 15, 2019
Notices (May 16, 2019)
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 …
May 3, 2019
Draft Economic Substance Code “makes the job easier”
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 …
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April 26, 2019
Draft Economic Substance Code released
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 …
March 16, 2019
VI avoids EU blacklist, but remains on ‘grey list’
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 …
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January 25, 2019
BVI Finance-commissioned report touts benefits of offshore
International finance centres like the Virgin Islands facilitated $1.6 trillion of financing to developing countries between 2007 and 2014, according to a recent report by Dr. Judith Tyson, a research …
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