Regulatory AlertsCompany Management Act (Revised 2020)
The Government of The Virgin Islands enacted this Act to regulate and license the business of company management, including the provision of registered agent and office services. The Financial Services Commission is empowered to issue licenses, enforce capital resource requirements, and mandate the submission of financial statements and audits by licensees. The legislation further restricts the transfer of significant or controlling interests in licensed entities without prior Commission approval and establishes penalties for unauthorized operations.
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