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BVI Business Companies Act changes are now in force with effect from 1 January 2023
The Business Companies (Amendment) Act, 2022 (Companies Amendment Act) of the British Virgin Islands (BVI) which amends the BVI Business Companies Act, 2004 (Companies Act), came into force on 1 January 2023. The BVI Business Companies (Amendment) Regulations, 2022 (Companies Amendment Regulations) which amends the BVI Business Companies Regulations, 2020,
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Key Features and Benefits of the BVI Incubator Fund
Features of the Incubator Fund The BVI’s Securities and Investment Business (Incubator and Approved Funds) Regulations, 2015(the “Regulations”) introduced the "Incubator Fund” which provides a streamlined basis for start-up investment managers to establish a track record of managing funds with an open-ended strategy. The Incubator Fund regime under the Regulations does
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How to Run a Business in the Cayman Islands & British Virgin Islands
The Cayman Islands and the British Virgin Islands (BVI) both provide offshore corporate structures for international investors for use as, among other things, holding companies to facilitate the structuring of investments. Company formation in both the Cayman Islands and the BVI is relatively straightforward. This infographic provides more information about
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Advantages of BVI Companies
The British Virgin Islands International Business Companies (BVI IBC) have provided an excellent opportunity for structuring offshore investment and finance transactions ever since the introduction of the BVI International Business Companies Ordinance in 1984. A BVI IBC is a discrete business entity that is exempted from tax regulations, ideal for