by British Virgin Islands Financial Service Commission licensed agent.
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British Virgin Islands IBC
Please get acquainted with our information regarding the BVI history, political system, economic conditions and offshore business regulations as well as:
- Economy
- Infrastructure
- BVI International Business Companies
- Type of Law
- Corporate Legislation
- Protection of the trusts interests
- Benefits of incorporation in the BVI
- Company features
- Privacy
- Company Management
- Directors
- Company Secretary
- Shareholders
- Meetings of shareholder(s) and director(s)
- IBC's Share Capital
- Authorized Share Capital
- Issued Share Capital
- Classes of Shares
- The time of incorporation a BVI IBC
- Nominee Services
- Initiating incorporation procedure
- Package of documents for incorporation
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30/09/2006
Welcome to join our discussions
on Offshore Companies, Incorporations,
Jurisdictions, etc..
12/08/2008
04/08/2008
25/07/2008
BVI FSC issued Advisory Warning under Section 4 (1)(1) of the Financial Services Commission Act, 2001, concerning NewNetQuest as a potential pyramid scheme targeting BVI residents. Members of the public are advised to exercise extreme caution dealing with NewNetQuest and other similar schemes, and are also invited to provide the Commission with any information on questionable entities operating in or from within the BVI.
18/07/2008
10/07/2008
25/06/2008
The largest offshore law firm in BVI Harney Westwood & Riegels, announced the merger with C.S. Gill & Co, a firm based in the Cayman Islands. The office of the merged firm is expected to be opened on September 1 in George Town, Grand Cayman. Kieron O'Rourke, the head of investment funds sector of the BVI firm, and fellow partner Tim Clipstone will relocate to Cayman from Harney's BVI office.
20/06/2008
BVI Financial Services Commission published two press releases which included information on senior management changes - the completion of two five-year employee contracts with the Commission, and new appointments to Senior Management posts.
09/06/2008
06/06/2008
26/05/2008
24/05/2008
09/05/2008
The Committee of Public Accounts of the House of Commons issued a report on Financial Services Regulation in BVI and other overseas territories of the UK, undertaken by the Foreign and Commonwealth Office. The report came as a result of an inquiry into offshore centres made by the Common Treasury Committee, to decide whether the territories have contributed to international financial instability.
20/04/2008
Transmeridian Exploration Inc. announced the termination of Merger Agreement with British Virgin Islands-registered Trans Meridian International Inc. (TMI). The $825 million deal between the companies began to fall apart two months ago when BVI corporation said it is unable to meet the financing deadline for the offer, which was set at March 21, 2008.
09/04/2008
BVI FSC presented the 'Guidance Notes on Revocation or Cancellation including Solvent Liquidation'. The document provides a framework for voluntary revocation and cancellation of licences and certificates of regulated persons, and the approval of solvent liquidation procedures.
04/04/2008
26/03/2008
14/03/2008
Harneys Corporate Services Limited, the largest provider of administration services to the BVI Business Companies, has announced the launch of a new Share Trust service in BVI. The main point of the Share Trust is automatic succession to the shares of the BVI Business Company and appointment of replacement directors in the event of shareholder's death or early incapacity.
25/02/2008
18/02/2008
04/02/2008
At the Sixth Sitting of the First House of Assembly the Insurance Act 2008 was passed, which replaced the Insurance Act of 1994. The new act developed and enhanced the framework of the previous act, and will have the purpose of positioning the insurance industry in the BVI territory in order to meet international insurance standards.
24/01/2008
Premier Ralph T. O'Neal officially participated in the 46th Meeting of the Organisation of Eastern Caribbean States (OECS) which was held on January 16-18 in the Commonwealth of Dominica. In his interview given after the meeting to the Department of Information, the Premier specially pointed out that due to the OECS's initiatives BVI participated in several schemes and projects concerning the environment protection.
16/01/2008
10/01/2008
11/12/2007
19/11/2007
07/11/2007
23/10/2007
07/09/2007
In October, the BVI International Finance Centre will send a delegation to London in order to make a series of presentations. The presentations update executives dealing with in the trusts and corporate business sector on the the growth of the trusts and corporate business industries in the BVI.
28/08/2007
09/08/2007
A memorandum of understanding has been signed between Jersey and the BVI. It was signed by the Jersey Financial Services Commission and the British Virgin Islands Financial Services Commission to enhance co-operation between the 2 regulatory bodies.
13/07/2007
Several amendments to the new Business Companies Act have been announced by the British Virgin Islands Financial Services Commission. The amendments will establish new, simplified provisions to carry out the transitioning of bearer share companies to non-bearer share companies.
20/06/2007
12/06/2007
BVI Chief Minister Orlando Smith has presented his annual State of the Territory Address for 2007 to inform the public on the accomplishments of his government. He said that the GDP of the BVI by the end of 2007 will top the USD 1 billion mark.
20/05/2007
The State Administration of Industry and Commerce of China announced the leading offshore sources of foreign investment in China's economy. The BVI is the 1st out of 4 major offshore finance centers investing in China.
29/04/2007
17/04/2007
The Ministry of Commerce of China has released a statement for the 1st quarter of 2007, according to which the British Virgin Islands is 2nd leading investor in China.
21/03/2007
BVI Governor David Pearey announced re-appointment of Elton Georges to be the deputy governor of the territory. From April 1, Mr. Georges will replace Mrs. Dancia Penn, which was appointed as Deputy Governor of BVI in 2004.
09/03/2007
On February 28, 2007 the negotiations on the British Virgin Islands constitution were successfully concluded, after the 4th round of talks was held between delegations from the BVI and UK met in London on February 26-28.
21/02/2007
12/02/2007
International offshore expert firm Ogier has completed its merger with WSmiths in the British Virgin Islands. The merger gave the firm access to 3 further offshore jurisdictions. It became effective from February 1, 2007.
23/11/2006
Recently, the Ministry of Commerce of China has announced that realized FDI on the territory rose in October, after the slight decline within the previous months. This was the result of the changes in legislation regarding acquisition of Chinese companies by foreign investors. So, BVI is the 2nd largest foreign investor in China.
08/11/2006
The BVI Legislative Council has recently passed new legislative acts that amend the existing legislation. The BVI Legislative Council passed BVI Business Companies (Amendment) Act, 2006 on September 22, 2006.
11/10/2006
Offshore law firm Ogier has merged with WSmiths in the BVI. This gives Ogier access to 3 further offshore jurisdictions. The merger will come into effect from February 1, 2007.
27/06/2006
The BVI is experiencing an unprecedented economic growth. Orlando Smith, BVI Chief Minister, has recently in his speech summed up the successful economic development of the British Virgin Islands as well as provided his view into the country's future.
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