Economic Substance Requirements in the British Virgin Islands (BVI)
The BVI is among the most popular jurisdictions for offshore structures. https://www.mooresrowland.tax/2018/05/pros-and-cons-of-bvi-entity.html But things are changing and for a number of reasons, it is losing its appeal – https://www.mooresrowland.tax/2017/07/bvi-secrecy-no-more.html https://www.mooresrowland.tax/2018/05/uk-forces-overseas-territories-to-set.html Now it seems that the new rules around substance is hitting them pretty hard – The BVI government has introduced a new Act with Economic […]
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