Legal update – BVI Government to introduce new business licensing and investment regime
In this legal update we examine the BVI Government’s proposals for the introduction of a new business licensing and investment regime.
Obtaining a Liquor Licence In the British Virgin Islands
In this guide, we examine the requirement for businesses in the British Virgin Islands selling alcoholic drinks to hold the required liquor licence.
The Stamp (Amendment) Act 2020
In this guide, we examine the scope of The Stamp (Amendment) Act 2020 and how Belonger purchasers may benefit from the stamp duty exemption granted in respect of Instruments effecting both the sale and the transfer of BVI property.
BVI Financial Services Business Continuity
The Financial Services (Continuity of Business) Act, 2020 (the Act) came into force on 28 March 2020. It was enacted to provide for special measures to support the continuity of financial services business either from within or temporarily outside the Virgin Islands in an “exceptional circumstance”.
Private Investment Fund Regime: Application Process
Private investment funds (PIFs) currently operating in the Virgin Islands must apply to the Financial Services Commission for recognition by 1 July 2020. In this guide, we outline the key steps to consider when preparing your entity’s application for recognition as a PIF.
Employers’ Obligations in Relation to the Coronavirus Outbreak
BVI employers should monitor the impact of the coronavirus outbreak and take steps to protect their employees and their business. Our guide summarises the legal obligations of employers in the workplace and addresses some of the more common questions and concerns that employers may have in this rapidly developing area.