AMENDED BVI BUSINESS COMPANIES ACT AFFECTING CABINET REVENUE – $170K LESS IN 2023 VS 2021 TOTAL
The BVI Business Companies (Amendment) Act 2022 has dealt the Cabinet Office a financial blow since coming into force, significantly impacting its annual revenue, with the Office collecting $170,000 less in fees in 2023 when compared to 2021. This is according to the information presented by Cabinet Secretary (CS) Sandra Ward during Standing Finance Committee … Continued

