2024 BVI Compliance Calendar
Here’s a quick resource to help BVI entities manage key regulatory and legislative deadlines. Please download and share a copy of the GHP 2024 BVI compliance calendar. If you have questions regarding how, what, where, and when to meet an obligation for a BVI entity or operation, please reach out to a GHP contact. We’d be happy to assist you.
BVI Work Permit Exemptions
Introduction This note is intended as a brief guide to the exemption of certain categories of people engaged in employment in the British Virgin Islands (BVI) from the need to obtain a work permit. It is not intended to be a comprehensive guide on all aspects of BVI employment or immigration law. We recommend that specific advice is sought as each set of circumstances has its own peculiarities. Background In 2017, the BVI Government enacted a measure that exempted various categories of people from the need to obtain a work permit to work in the BVI for short periods of […]
Property Tax In the British Virgin Islands
In this guide, we examine property tax in the British Virgin Islands, including which types of property are subject to it, how it is calculated and when it is payable.
BVI issues further General Licence (Sanctions Regulations) for Legal Practitioners and Banking Licensees
On 13 April 2023, the British Virgin Islands (BVI) issued General Licence [No.03], 2023 (the General Licence) under: Regulation 64 of The Russia (Sanctions) (EU Exit) Regulations 2019 (as amended) as extended to the British Virgin Islands (with modifications) by The Russia (Sanctions) (Overseas Territories) Order 2020 (as amended); and Regulation 34 of the Republic of Belarus (Sanctions) (EU Exit) Regulations 2019 as modified by the Republic of Belarus (Sanctions) Overseas Territories) Order 2020; ((i) and (ii) above are together referred to in this note as the Sanctions Regulations). Download a pdf copy of our legal update on the […]
Legal Guide – The Stamps (Amendment) Act 2023 – Stamp Duty Exemption for First Time Belonger Buyers
This legal guide examines the effect of the Stamps (Amendment) Act 2022 and how first time Belonger property owners in the BVI can benefit from a stamp duty exemption.
