British Virgin Islands: Income Tax

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BVI Updates Economic Substance Rules To Account For UAE Corporate Tax Regime

The British Virgin Islands' International Tax Authority (ITA) issued, on 2 April, a new Version 4 of its Rules on Economic Substance (ES), which replaces the previous version from February 2023...

British Virgin Islands Tax

TS

The Sovereign Group

BVI Economic Substance: Updated Rules On Tax Residency

A recent change to the British Virgin Islands ("BVI") Rules on Economic Substance ("ES Rules")1 serves as a reminder of the need to be familiar with the BVI International Tax Authority's...

British Virgin Islands Tax

MG

Maples Group

The British Virgin Islands ("BVI") are home to 361,491 active companies as of 31 December 2023. This article considers the reasons for the BVI's popularity as a jurisdiction to structure international transactions.

British Virgin Islands Commercial

C

Conyers

Update To BVI Economic Substance Rules: Important Update For Entities Claiming Non-Residence Via UAE Corporate Income Taxes

On 2 April 2024, the BVI International Tax Authority (ITA) published version four of its economic substance rules and explanatory notes (the Rules)...

H

Harneys

British Virgin Islands Economic Substance - Frequently Asked Questions

British Virgin Islands Tax

CO

Carey Olsen

Private Client Guide 2024 - British Virgin Islands (Legal 500)

British Virgin Islands Commercial

CO

Carey Olsen

Unveiling Tax Realities: Debunking Myths About The British Virgin Islands

British Virgin Islands Tax

C

Conyers

EU Removes BVI, Adds Antigua And Barbuda, Belize And Seychelles To Tax List

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Cayman Finance

Private Client Guide 2023 - British Virgin Islands (Legal 500)

British Virgin Islands Tax

CO

Carey Olsen

BVI Economic Substance: New Clarification On Tax Residency Status For BVI Entities Administered In Channel Islands And Isle Of Man

O

Ogier

BVI Update To The Economic Substance Rules

British Virgin Islands Tax

W

Walkers

BVI Economic Substance Act 2020 & Beneficial Ownership Secure Search System Act 2020

British Virgin Islands Commercial

C

Conyers

Economic Substance For The British Virgin Islands

British Virgin Islands Finance

O

Ogier

Private Client Guide - British Virgin Islands (Legal 500)

British Virgin Islands Tax

CO

Carey Olsen

Continuing Obligations For Private And Professional Funds In The BVI

British Virgin Islands Finance

MG

Maples Group

Ten Things Every VASP Should Know About The BVI Virtual Assets Service Providers Act, 2022

British Virgin Islands Government

CO

Carey Olsen

Establishing A BVI Approved Manager: Key Considerations

British Virgin Islands Finance

MG

Maples Group

Eastern Caribbean Court Of Appeal Delivers Key Ruling Concerning Directors' Duties And Creditor Protection In The British Virgin Islands

British Virgin Islands Insolvency

CO

Carey Olsen

Restructuring And Insolvency In British Virgin Islands (PLC)

British Virgin Islands Insolvency

CO

Carey Olsen

BVI | ICLG Private Client Guide 2021

1.1 To what extent is domicile or habitual residence relevant in determining liability to taxation in your jurisdiction?...

British Virgin Islands Tax

W

Walkers

Economic Substance Requirements In The British Virgin Islands

In response to the OECD's global Base Erosion and Profit Shifting ("BEPS") initiative and EU Code of Conduct Group substance requirements modelled on BEPS Action 5 ...

British Virgin Islands Finance

C

Campbells

Economic Substance Legislation

The British Virgin Islands (BVI) has passed legislation requiring certain legal entities carrying on relevant activities to demonstrate adequate economic substance in the BVI.

British Virgin Islands Finance

MM

Morgan & Morgan

New BVI Economic Substance Laws And Initial Structuring Considerations

The BVI Government introduced, with effect from 1 January 2019, a new legislation titled the Economic Substance (Companies and Limited Partnerships) Act 2018, requiring certain legal entities to demonstrate ...

British Virgin Islands Finance

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Fiduserve

New Substance Legislation For The British Virgin Islands

British Virgin Islands Finance

O

Ogier

Economic Substance Requirements In The British Virgin Islands

British Virgin Islands Tax

A

Appleby

Securitisation And The Use Of Orphan Special Purpose Vehicles

British Virgin Islands Commercial

O

Ogier

Cyprus-Iran Double Tax Treaty To take effect 1 January 2018

H

Harneys

Investment Funds In The British Virgin Islands

British Virgin Islands Commercial

MO

Mourant Ozannes

BVI And Cayman Companies And UK Property Investments – A Perfect Match?

British Virgin Islands Commercial

H

Harneys

Key Benefits Of Using BVI Structures

British Virgin Islands Wealth Mgt

H

Harneys

A Guide To Financing And The British Virgin Islands

British Virgin Islands Commercial

C

Conyers

The International Comparative Legal Guide To: Lending & Secured Finance 2017 (BVI)

British Virgin Islands Commercial

MG

Maples Group

One Last Chance To Take Advantage Of Offshore Trusts?

British Virgin Islands Tax

H

Harneys

Key Benefits Of Using BVI Structures

Companies incorporated in the BVI are, by most measures, the most popular offshore holding structure in the world

British Virgin Islands Wealth Mgt

H

Harneys

A Guide To Financing And The British Virgin Islands

The British Virgin Islands ("BVI") is home to over 416,000 active companies. This article considers the benefits of using a BVI company in financing transactions.

British Virgin Islands Commercial

C

Conyers

The International Comparative Legal Guide To: Lending & Secured Finance 2017 (BVI)

The British Virgin Islands continues to be a jurisdiction of choice for corporate vehicles entering into secured finance transactions, and remains a markedly creditor-friendly jurisdiction.

British Virgin Islands Commercial

MG

Maples Group

One Last Chance To Take Advantage Of Offshore Trusts?

The clock is ticking towards April 2017 when the new rules affecting the status of non-domiciled but UK resident individuals as set out in Finance Bill 2017 will take full force and effect.

British Virgin Islands Tax

H

Harneys

Private Client International Comparative Legal Guide 2017: BVI

British Virgin Islands Tax

MG

Maples Group

Why Offshore? A Lesson From David (And Ian) Cameron

Why use "offshore" structures for these types of fund vehicles in the first place if there is not a "tax" angle to it?

British Virgin Islands Finance

H

Harneys

The BVI And Cayman Islands Are Tax-Neutral Jurisdictions. What Does This Mean For Your Fund?

The BVI and Cayman are often referred to as "tax neutral" and you might have been told that, for this reason, it would be advantageous to establish your fund in either jurisdiction.

British Virgin Islands Finance

H

Harneys

UK FATCA -- Election Dates Extended In ARR For UK RNDs

The British Virgin Islands and the Cayman Islands have entered into agreements with the UK for automatic disclosure of information in respect of interests in financial accounts held by UK residents.

British Virgin Islands Tax

H

Harneys

UK FATCA – Alternative Reporting Regime For UK Resident Non Domiciled Individuals

The British Virgin Islands and the Cayman Islands have entered into agreements with the UK for automatic disclosure of information in respect of interests in financial accounts held by UK residents.

British Virgin Islands Tax

H

Harneys

Extension Of FATCA Deadlines For BVI Financial Institutions

British Virgin Islands Tax

C

Conyers

When Life Gives You Lemons... The BVI And The Global Push For Tax Transparency

British Virgin Islands Tax

WG

Walkers Global

British Virgin Islands Wealth Mgt

H

Harneys

BVI Concludes Negotiations With US On FATCA

British Virgin Islands Tax

H

Harneys

BVI Signs TIEA With Canada

British Virgin Islands Tax

H

Harneys

BVI And Cayman To Enter Into FATCA Model 1 Agreements With United States

British Virgin Islands Tax

H

Harneys

The BVI’s New Trust Legislation: Two Years On

British Virgin Islands Wealth Mgt

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Walkers

Gift To Trust Completed Before It Is Vested

British Virgin Islands Tax

SR

Smith-Hughes Raworth & McKenzie

OECD: New USA Position?

British Virgin Islands Tax

SR

Smith-Hughes Raworth & McKenzie

A Guide To Trust Law In The British Virgin Islands

British Virgin Islands Wealth Mgt

H

Harneys

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Landmark Canadian Tax Law Decision That Limits CRA's Authority Under Section 231.2 Of Income Tax Act: Canada (National Revenue) V Shopify Inc., 2025 FC 968

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Rotfleisch & Samulovitch P.C.

Can CRA Require A Taxpayer To Prepare Net Worth Audit Schedules Under The New Section 231.1?

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Rotfleisch & Samulovitch P.C.

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