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The number of new companies incorporated in the Virgin Islands bounced back in the first quarter of 2024 after slumping to a 25-year low in the previous 12 months. The …
Continue reading “Q1 incorporations bounce back after rocky year”
The number of new companies incorporated in the Virgin Islands in 2023 slumped to its lowest level for 25 years, new figures show. The tally for the final quarter of …
We were decidedly pleased by the European Union’s recent decision to remove the Virgin Islands from its blacklist of “non-cooperative” tax jurisdictions. However, with a Caribbean Financial Action Task Force …
Continue reading “EDITORIAL: Blacklist removal is welcome, but VI must be vigilant”
Company incorporations dropped sharply in the second quarter of this year, continuing a downward trend that could see 2023 set a two-decade record by underperforming successive 20-year lows in 2019 …
Incorporations toppled in the second quarter, suggesting that 2022 won’t reach the heights of 2021, according to the latest quarterly report from the Financial Services Commission. Q2 2022 saw just …
Incorporations could be on track to top last year if first-quarter trends continue, according to the latest quarterly report from the Financial Services Commission. In 2021, new incorporations in the …
With just 22,362 new companies formed, 2020 hit a 21-year low for new incorporations, despite a fourth quarter that performed slightly better than the year before, according to numbers recently …
Continue reading “New incorporations hit 21-year low in 2020”
With only a modest dip in revenue so far this year compared to early 2020, the financial services industry has continued to buoy the territory’s economy while other sectors have …
Continue reading “Premier: Financial services helping VI through Covid”
Shortly before the Covid- 19 pandemic began to wreak havoc on the global economy, the Virgin Islands quietly reached its own troubling economic milestone: New company incorporations, long viewed as …
Continue reading “SPECIAL REPORT: Incorporations still falling after 20-year lows in 2019”
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 …
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 …
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”
