Regulatory Alerts2025-12-31
BVI Business Companies and Limited Partnerships (Beneficial Ownership) (Amendment) (No. 2) Regulations, 2025
The Cabinet of the British Virgin Islands issued these Regulations to amend the principal Beneficial Ownership Regulations of 2024. The amendments introduce a definition for "business day," clarify exemption criteria for companies and limited partnerships, and mandate immediate filing of beneficial ownership information if exemption conditions are not met. Additionally, the rules allow registered agents or liquidators to act on behalf of beneficial owners and grant the Registrar authority to provide BO information upon written request.
Share