Regulatory AlertsBVI Business Companies Regulations (Revised 2020)
The Virgin Islands Financial Services Commission issued these regulations to establish detailed operational rules for BVI business companies under the BVI Business Companies Act. The document sets strict requirements for company naming, including the registration of foreign character names and the re-use of names from dissolved or insolvent entities. It further mandates that voluntary liquidators of regulated persons be licensed insolvency practitioners and prescribes specific procedures for solvency declarations and public notices.
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