The Virgin Islands is one of the 10 economies in the world that together host more than 85 percent of an estimated $15 trillion in “phantom investments” annually, according to …
September 24, 2019
September 18, 2019
Notices (September 19, 2019)
Inter-America Property Corporation Notice of Liquidator’s Appointment Company No. 2009569 NOTICE is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act, 2004 that the Company is in …
September 11, 2019
Businesses take a lead in Hurricane Irma recovery
Two years after Hurricane Irma, a walk through Road Town suggests that the biggest victory of the private sector also remains its greatest challenge: rebuilding. “Many of the businesses are …
Continue reading “Businesses take a lead in Hurricane Irma recovery”
September 11, 2019
Notices (September 12, 2019)
IN THE GRAND COURT OF THE CAYMAN ISLANDS FINANCIAL SERVICES DIVISION FSD CAUSE NO: 159 OF 2019 (RMJ) IN THE MATTER OF THE COMPANIES LAW (2018 REVISION) …
September 2, 2019
Hong Kong instability might boost VI
Hong Kong leader Carrie Lam on Tuesday refused to budge on the demands of the pro-democracy protesters marching through the streets of the Chinese territory, even as the demonstrations became …
August 28, 2019
Notices (August 29, 2019)
THE BVI BUSINESS COMPANIES ACT, 2004 China Aero (134) Limited (IN VOLUNTARY LIQUIDATION) Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004: a) …
August 28, 2019
Fraser says VI businesses treated unfairly
Third District Representative Julian Fraser pressed Premier Andrew Fahie in the House of Assembly on July 31 about what he described as unfair burdens placed on local Virgin Islands businesses, …
Continue reading “Fraser says VI businesses treated unfairly”
August 15, 2019
Notices (August 15, 2019)
THE BVI BUSINESS COMPANIES ACT, 2004 WYNONA WORLDWIDE LIMITED (IN VOLUNTARY LIQUIDATION) Notice is hereby given that in accordance with the British Virgin Islands Business Companies Act, 2004: a) WYNONA …
July 31, 2019
Notices (August 1, 2019)
MELBAY HOLDINGS LIMITED BVI Business Company Act. (Voluntary Liquidation) Notice is hereby given that the voluntary dissolution of MELBAY HOLDINGS LIMITED, commenced on 23rd July, 2019 and that Paraskevas Zacharoulis of 20A Agiou Athanasiou, P.C. 7102, …
July 24, 2019
Notices (July 25, 2019)
APPOINTMENT TRJ HOLDING LIMITED (In Voluntary Liquidation) Company Number: 1983166 Notice is hereby given pursuant to Section 204(1)(b) of the BVI Business Companies Act, 2004 that the Company is in …
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 10, 2019
Notices (July 11, 2019)
Notice of Appointment of a Liquidator under Section 203 Of the BVI Business Companies Act, 2004 Janes Investments Ltd. In Voluntary Liquidation Company No.: 1593814 NOTICE is hereby given pursuant …
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 …
Continue reading “Financial services had best year since 2015”
May 22, 2019
Notices (May 23, 2019)
APPLICATION FOR LIQUOR LICENSE I, Oil Nut Bay Resorts Limited residing at P.O Box 4657, Road Town, Tortola, Virgin Islands and doing business as Oil Nut Bay Resorts Limited, do …
February 21, 2019
Virgin Islands launch new BEPS measure
In December, the Virgin Islands implemented a new Base Erosion and Profit Shifting (BEPS) measure, according to Government Information Services. The Organisation for Economic Co-operation and Development created a BEPS …
January 17, 2019
Dutch blacklist was a surprise, Premier says
As the Virgin Islands awaits a decision from European Union officials regarding the territory’s potential inclusion on an international anti-tax-avoidance blacklist, one country on that continent has already decided to …
Continue reading “Dutch blacklist was a surprise, Premier says”
January 11, 2019
Questions surround ‘economic substance’ legislation
The Virgin Islands’ new “economic substance” law took effect on New Year’s Day, but financial services stakeholders remain uncertain about its specific requirements and what impact those rules will have …
Continue reading “Questions surround ‘economic substance’ legislation”
December 17, 2018
US DOJ charges four in ‘Panama Papers’ case
The United States Department of Justice has charged four people with crimes allegedly brought to light by the International Consortium of Investigative Journalism’s Panama Papers expose, according to a DOJ …
Continue reading “US DOJ charges four in ‘Panama Papers’ case”
December 17, 2018
Vistra study: VI second-most important global financial jurisdiction
The Virgin Islands ranked as the second-most-important financial jurisdiction in the world in a recent study published by Vistra, a corporate services provider. The research — titled the “Vistra 2020 …
Continue reading “Vistra study: VI second-most important global financial jurisdiction”
December 11, 2018
EDITORIAL: With EU blacklist looming, VI has precious little time
It is good news that the government has finally produced a draft law designed to keep the territory off the looming European Union blacklist, but with a deadline of Dec. …
Continue reading “EDITORIAL: With EU blacklist looming, VI has precious little time”
December 7, 2018
As EU blacklist looms, House to fast-track law
With less than a month to spare, Premier Dr. Orlando Smith on Tuesday announced Cabinet’s approval of a draft law designed to keep the Virgin Islands off a European Union …
Continue reading “As EU blacklist looms, House to fast-track law”
November 25, 2018
Government, European Union in talks over looming blacklist
Government officials have devised what they believe is a solution to the looming European Union blacklist threat, according to Neil Smith, the executive director of government’s Office of International Business …
Continue reading “Government, European Union in talks over looming blacklist”
November 5, 2018
United Kingdom to update ‘offshore compliance strategy’
United Kingdom Chancellor Philip Hammond delivered the UK’s autumn budget to Parliament last week, touching on several points designed to further regulate offshore finance. One of the budget’s initiatives is …
Continue reading “United Kingdom to update ‘offshore compliance strategy’”
October 4, 2018
Government hires UK lawyer in attempt to avoid EU blacklist
The government is paying a tax lawyer in London up to $400,000 to try to derive a legislative solution that will keep the territory off the European Union’s tax-avoidance blacklist …
Continue reading “Government hires UK lawyer in attempt to avoid EU blacklist”
July 12, 2018
United Kingdom responds to Decision March petition
Lord Tariq Ahmad, the United Kingdom minister for the Commonwealth and United Nations, wrote to the “Decision March” organisers last week to express his sympathy for their concerns about public …
Continue reading “United Kingdom responds to Decision March petition”
