NEW LEGISLATION GRANTS COMPLIANCE FLEXIBILITY FOR BVI BUSINESSES AMID TRANSPARENCY PUSH
The Government of the Virgin Islands has passed a legislative amendment granting the Financial Services Commission (FSC) authority to extend the deadline for companies to submit their annual financial returns by up to nine months. The amendment, the BVI Business Companies (Amendment) (No. 2) Bill, 2024, was approved on Tuesday, October 29, in response to reports … Continued