You are here
Industry Circular 41 of 2025 - Limited Partnership (Financial Return) Order 2025
LIMITED PARTNERSHIP (FINANCIAL RETURN) ORDER, 2025
Road Town, Tortola - The BVI Financial Services Commission (the Commission) has published the Limited Partnership (Financial Return) Order, 2025 (the Order), which outlines the form of the financial return that a limited partnership must submit to its registered agent in compliance with its annual financial submission obligations. The Order is deemed to take effect from 1st September 2025.
More about the requirement to file annual returns
Pursuant to section 54A(1) of the Limited Partnership Act, Revised Edition 2020, a limited partnership is required to submit an annual financial return to its registered agent. This requirement came into effect on 10th December 2024 (see S.I. 64/2024) and applies to all limited partnerships except:
- a limited partnership that is regulated under a financial services legislation and provides financial statements to the Commission in accordance with the requirements of that financial services legislation; and
- a limited partnership that files its annual tax return to the Inland Revenue Department, accompanied by the limited partnership’s financial statements.
The Order can be accessed HERE.
Queries related to this Circular should be directed to [email protected] .
