BVI removed from EU list of non-cooperative jurisdictions
The British Virgin Islands (BVI) has been removed from the European Union (EU) list of non-cooperative jurisdictions for tax purposes on October 17th, 2023.
BVI Annual Financial Return for Companies
The BVI Business Companies (Financial Return) Order, 2023 “the Order” has been published in the BVI Gazette and is deemed to have come into force as of January 1st, 2023.
Amendments to the BVI Business Companies Act and BVI accounting requirements
BVI accounting requirements – Amendments to the BVI Business Companies Act 2020 and the BVI Business Companies Regulations came into force on January 1st, 2023.
BVI | Advantages and economic substance requirements for 2024
BVI economic substance requirements | Knowing the interests of our clients and friends and the importance of this topic, we bring you this webinar about the BVI jurisdiction, its advantages, and the Economic Substance Law Requirements.
BVI | Economic substance frequent questions (FAQ)
Is the company subject to any banking regulations or supervision anywhere?
If “Yes”, your BVI company is conducting banking business.
BVI | Economic substance overview
In 2016, the EU adopted criteria covering fiscal transparency, fair taxes, erosion of the tax base, and transfer of benefits (BEPS), and evaluated countries during a process carried out in 2017.
Accounting records obligation in BVI, Barbados, Belize, Nevis, and Panama (Presented in Spanish)
With the objective of keeping our clients informed and in compliance with their obligations, in recent days, we presented the webinar “Accounting Records in BVI, Panama, Nevis, Belize, and Barbados”.
BVI | Unique identification number
BVI-registered entities may now apply for a unique identification number from the Department of Inland Revenue if required.
