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The British Virgin Islands Financial Services Commission (BVI FSC) has confirmed that the filing fee moratorium for certain statutory filings has been extended until 31 March 2026.
What has been extended?
Under the extended framework, BVI companies that were incorporated or continued before 2 January 2025 and remain in good standing may continue to submit key statutory filings at a US$0 filing fee. These filings include:
• Updates to the register of members
• Registration of the register of members
• Updates to beneficial ownership information
Simply put, these filings ensure that a company’s ownership details and core records are accurately recorded and kept current on the public register.
Limited Partnerships
The same applies to BVI limited partnerships that were registered or continued before 2 January 2025 and are not struck off. These entities may update:
• Registers of general and limited partners
• Beneficial ownership information
All required updates can be filed free of charge until 31 March 2026.
Why this is important
Keeping company and partnership records accurate and up to date is essential to remain in good standing in the British Virgin Islands. Entities that do not meet their compliance requirements may experience delays and penalties.
The extended moratorium offers a valuable chance to complete any outstanding filings without additional cost, allowing entities to bring their compliance status up to date before the deadline.
Additional information can be found in the official Notice here and Industry Circular 46 here, which explain the relevant filing requirements in more detail.
If you require assistance completing the necessary filings before 31 March 2026, we would be pleased to assist. You can contact us on the information below.
