Matthew Cowman : Advisory

09 August 2023

Practical overview of offshore legal opinions in financing transactions

Introduction It is standard practice for lenders in financing transactions to request legal opinion...

18 May 2023

BVI Annual Return

IntroductionThe BVI Business Companies Act (as amended) (the "Act") introduced the requirement for B...

15 February 2023

The British Virgin Islands and the EU List of Non-Cooperative Tax Jurisdictions

The EU has announced it is has added the British Virgin Islands (BVI) to its list of non-cooperative...

18 October 2022

BVI Beneficial Ownership - Economic Substance Reporting Regime

The Beneficial Ownership Secure Search System (Amendment) (No.2) Act, 2021 (“Amendment Act”) was...

18 October 2022

BVI ITA and Ministry of Finance requires entities to establish and maintain adequate systems and controls including a compliance manual

The following BVI legislative supplements to the Mutual Legal Assistance (Tax Matters) Act (“MLA A...

14 September 2022

BVI Business Companies (Amendment) Act 2022 - Summary of Key Changes

BVI Business Companies (Amendment) Act revisions effective 1 January 2023 The BVI Business Companies...

30 September 2022

Pre-enforcement Steps and Enforcement Action Under Bermuda, BVI and Cayman Law

The full strength of the economic headwinds facing the UK economy is not yet clear, but a helpful re...

25 February 2022

EU Annex II Update - Bermuda & BVI

On 24 February 2022 the European Council confirmed that ten countries, including Bermuda and the Bri...

09 March 2021

BVI Company Law Series - Distributions

The BVI Business Companies Act, 2004 (as amended) (the “Act”) gives a BVI business company (a ...