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 …
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 …
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 …
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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) …
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 …
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) …
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, …
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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 …
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, …
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 …
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 …
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 …
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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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 …
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 …
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 …
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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 …
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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 …
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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 …
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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. …
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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 …
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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 …
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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 …
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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 …
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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 …
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