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Amendments to the BVI Business Companies Act 2004
18 Aug 2022 | George Weston
On 1 January 2023, various significant amendments to the BVI’s Business Companies Act 2004 will come into force.
Harneys
Restructuring
A comparative analysis of the restructuring tools available to financially distressed companies in the Cayman Islands, Bermuda and the British Virgin Islands
18 Aug 2022 | Jessica Williams, Jayson Wood, Andrew Thorp, Sanjev Guna
This article broadly discusses the key restructuring tools available in all three jurisdictions and examines, in particular, the broad-based similarities and...
Harneys
Corporate
BVI Business Companies Act 2004
15 Aug 2022
From the drafting of the BVI’s first modern piece of corporate legislation, the International Business Companies Act, 1984 through to today’s BVI Business Companies Act...
Harneys
The new UK Register of Overseas Entities is now live
08 Aug 2022 | Rachel Graham, Amy Roost, Natalia Alvarez
The Register of Overseas Entities (the Register), which was first announced in March 2016 as part of the UK’s measures towards transparency and anti-corruption, came...
Harneys
Restructuring
The Cayman Islands insolvency reform: Restructuring officer and refined scheme of arrangement
01 Aug 2022
In a highly welcomed modernisation, the Cayman Islands Government has introduced the Companies Amendment Act 2021 which will commence on 31 August 2022, allowing a...
Harneys
The Cayman Islands insolvency reform: Restructuring officer and refined scheme of arrangement
01 Aug 2022
In a highly welcomed modernisation, the Cayman Islands Government has introduced the Companies Amendment Act 2021 which will commence on 31 August 2022, allowing a...
Harneys
Corporate
Lifting off, the offshore way – a guide for founders and start-ups to offshore companies
12 Jul 2022 | George Weston, James Kitching
At Harneys, we are often approached by the founders of start-ups, their investors and their onshore advisors looking for a steer on whether (and where) to incorporate,...
Harneys
CRI Journal: Cayman Islands launches new Restructuring Office Regime
The June 2022 edition of Corporate Rescue and Insolvency Journal is now available to subscribers on Lexis Library.
Harneys
Economic substance in the BVI
SOS Substance on Substance: BVI economic substance regime updates
27 Jun 2022 | Joshua Mangeot, Kerry Graziola
In this episode, Partner Joshua Mangeot and Director of Fiduciary and Custodial Kerry Graziola discuss the various amendments in 2021 to the Economic Substance...
Harneys
Economic Substance | Economic substance in the BVI
British Virgin Islands: economic substance requirements
16 Jun 2022 | Joshua Mangeot
Economic substance (ES) is a perennially hot topic, and the concept arises in numerous contexts in the tax and accounting world. This article considers the ES regime...