In December 2022, the BVI introduced the Virtual Asset (Service Providers) Act, 2022 (VASP Act), which established a regulatory framework for VASPs operating in the BVI. The VASP Act aims to provide greater regulatory oversight and consumer protection for virtual asset businesses operating in the BVI and requires VASPs to meet certain requireme...

A small island state situated in the Caribbean, BVI has established a strong global reputation which employs internationally recognized and approved tax and transparency standards. BVI was added to the Organisation for Economic Co-operation and Development (OECD) “white list” of countries after complying with various OECD guidelines. BVI is a leadi...

Deciding on which country or geographical regions to expand your business and operations to can be a complex and difficult decision.   In fact, one common region many businesses choose to set up in is the British Virgin Islands (BVI).  Yet, as an aspiring entrepreneur, you may be wondering, why do companies register in British Virgin Islands?  In t...

Do you wish to set up an offshore company? Owing to its business-friendly policies, strong infrastructure, quick and smooth incorporation process, and more, the British Virgin Island is a popular country to set up your offshore company in. In this article, we provide a step-by-step guide to set up a BVI company. Advantages of setting up...