Industry Updates

ECONOMIC SUBSTANCE FILING FEES

The BVI Financial Services Commission (the Commission) is reminding industry practitioners that, following the transfer of the Economic Substance filing function to the VIRRGIN system, subscription fees for the BOSS System are no longer payable to the Ministry of Finance.

Notice of this change was provided at the Economic Substance Webinar held on 23rd December 2025, and ahead of the transition of economic substance filings to VIRRGIN.