Regulatory AlertsBVI Business Companies (Company Names) Regulations (Revised 2020)
The British Virgin Islands regulatory authority issued these regulations to govern the naming conventions for limited companies under the BVI Business Companies Act. The rules specifically mandate that the name of a limited company classified as a private trust company must conclude with the designation "(PTC)". This designation must be placed immediately before one of the standard statutory endings or their permitted abbreviations as defined in section 17(1) of the Act.
LAW OF VIRGIN ISLANDS BVI Business Companies (Company Names) Regulations 3 Revision Date: 1 Jan 2020 [Statutory Instrument] BVI BUSINESS COMPANIES (COMPANY NAMES) REGULATIONS - SECTIONS 17(1) AND 240 (S.I. 49/2007) Commencement [3 August 2007] Short title
- These Regulations may be cited as the BVI Business Companies (Company Names) Regulations. Permitted ending, private trust company
- The name of a limited company that is a private trust company shall end with the designation “(PTC)” placed immediately before one of the endings specified in section 17(1)(a), (b) or (c) of the BVI Business Companies Act, or a permitted abbreviation thereof. __________
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