British Virgin Islands: Corporate and Company Law

When a sole shareholder and director of a BVI company passes away, the absence of a director can lead to significant administrative challenges and delays in estate administration. This article examines practical solutions available under BVI law, including the strategic appointment of reserve directors and the use of trust structures, to ensure business continuity and facilitate the smooth transfer of shares to beneficiaries.

For investors and family offices operating internationally, managing risk while keeping structures simple is a challenge. The British Virgin Islands (BVI) offers a well-established solution: segregated portfolio...

The BVI Court of Appeal in Byers v Chen confirmed that directors owe fiduciary duties to creditors when a company is insolvent or near insolvency...