Industry Update

05

The BVI Financial Services Commission (FSC) hereby advises industry practitioners that by notice published in the Virgin Islands Official Gazette on Tuesday 5 January, 2016, the Minister of Finance (on 30 December, 2015) appointed the following dates on which the provisions of the BVI Business Companies (Amendment) Act, 2015 (the Act) shall come into force.

Sections 27 and 28 of the Act will come into force on 1 April, 2016.  These sections include provisions on the Registration of Register of Directors and particulars of directors to be registered. The date on which the provisions take effect, relate to both new and existing BVI business companies.

All other sections of the Act will come into force on 15 January, 2016.

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Contact Information

British Virgin Islands Financial Services Commission


Pasea Estate
P.O. Box 418
Road Town, Tortola, VG 1110
British Virgin Islands

Tel: 284-494-1324 or 284-494-4190 GMT – 4:00
Fax: 284-494-5016
Hours: Monday-Friday 8:30a.m. - 4:30p.m.
commissioner@bvifsc.vg