by NLaneBVI | Aug 27, 2019 | Notices
BVI Economic Substance Update August 2019 Notices OECD approves BVI’s Economic Substance legislation Following the British Virgin Islands’ (BVI) enactment of the Economic Substance (Companies and Limited Partnerships) Act of 2018, the OECD’s Forum on Harmful Tax...
by NLaneBVI | Jul 29, 2019 | Notices
BVI Economic Substance Update July 2019 Notices As you may already be aware, the Economic Substance (Companies and Limited Partnerships) Act, 2018 (the “Act”) came into force on 1 January 2019 with a requirement to determine and demonstrate economic substance for each...
by NLaneBVI | Apr 11, 2019 | Notices
Directors Duties and BVI Economic Substance Notices The tax residence of a company is a key issue that company users have to consider very carefully. It is at the heart of corporate structuring and governance planning and can have lasting implications for the...