The British Virgin Islands reports its strongest first half of the year for company incorporations since 2021, with 14,977 new incorporations. The BVI Financial Services Commission in its latest quarterly statistical bulletin says the significance of the latest figures lies not only in the volume of new registrations, but in where growth is occurring. The … Continued
The British Virgin Islands has officially opened its first Entrepreneurial Zone and business incubator, giving local entrepreneurs access to affordable commercial space and support designed to help their businesses grow and become sustainable. Eight business owners received the keys to their units during an opening ceremony in Huntums Ghut, Tortola, on Friday, 11 September 2026. … Continued
The British Virgin Islands has concluded its inaugural Financial Services Trade Mission and Road Show to India, marking what officials describe as a significant step in the Territory’s efforts to expand its financial services footprint in Asia. Organised by the BVI Hong Kong Representative Office, the mission was held under the theme “BVI: A Strategic … Continued
As the BVI Government looks to tap into opportunities emerging from India’s rapidly developing economy, its’ focus is turning relationships established during its inaugural financial services mission there into longer-term partnerships and business opportunities. A news release from Government says that is the next step for the Territory following its first government-led delegation to the … Continued
The British Virgin Islands Chamber of Commerce (BVICOC) is warning businesses and consumers to prepare for higher prices in the coming months following the expiration of the Government’s temporary business and cost-of-living relief measures. In a statement on Monday, the Chamber said while it appreciates the relief measures and their extension through August 31, the … Continued
Eighteen business owners across the British Virgin Islands have received a combined US$165,000 in grants through the Department of Trade, Investment Promotion and Consumer Affairs’ Micro, Small and Medium Enterprise (MSME) Grant Programme. The grants were presented during an award ceremony on Wednesday, August 19, 2026, providing funding for business start-ups and expansion in areas … Continued
Micro, small and medium-sized enterprises in the Virgin Islands are being offered an opportunity to strengthen their operations through a new three-part capacity-building programme from the Department of Trade, Investment Promotion & Consumer Affairs. The Government of the Virgin Islands, in partnership with the Caribbean Development Bank, is offering training in Business Continuity, Digital Marketing … Continued
Former Accountant General Arnold Ainsley has been named in an internal audit report examining the Government’s controversial $5 million investment in Bank of Asia, with Premier and Minister of Finance Dr. Natalio Wheatley confirming that the report will be made public. In an address to the Territory on the evening of July 30, Premier Wheatley … Continued
The first Entrepreneurial Zone in Huntums Ghut which is slated to accommodate business start-ups from August 31st is intended to become part of a territory-wide initiative. Recently, the Department of Trade, Investment Promotion and Consumer Affairs recently welcomed entrepreneurs and prospective business owners to tour the first completed building at the VirginIslands’ first Entrepreneurial Zone. … Continued
Acting Labour Commissioner Mervin Hastings says more public education is needed to ensure Virgin Islanders understand the importance of registering with the Labour Management System (LMS). Hastings made the acknowledgment after concerns were raised during a British Virgin Islands Chamber of Commerce meeting in Virgin Gorda, where a young business owner said many young people … Continued
