Introduction The British Virgin Island (“BVI”) established the trust concept with the enactment of the BVI Trustee Act in 1961 (“Trustee Act”). A trust as defined […]
Our Associate, Valerie Barrios’ article on Cryptocurrency and Offshore Entities in the British Virgin Islands has been published by the International Society of Primerus Law Firms’ […]
Background In 2016 the United Kingdom (“UK”) was one of the first countries to introduce a public register of beneficial owners system, called Register of […]
In 2018 a few jurisdictions adopted a legal concept of “economic substance”, whose meaning has now become well-known all over the world. The British Virgin Islands, […]
The BVI and cryptocurrencies Cryptocurrency has become attractive in those structures which use an international business company “IBC” as part of its operations. Currently in the […]