Guide for Hong Kong Clients on Obtaining BVI Grants of ProbateDownload pdf
20 Aug 2021
BVI companies are widely used in Hong Kong for various purposes, so it is important for clients to understand the nuances and intricacies of obtaining grants of probate and administration in the BVI. A recent legislative change now means that grants of probate and administration obtained in Hong Kong can be resealed in the BVI. As a result, if there is an existing Hong Kong grant of probate or letters of administration, one no longer needs to apply for a fresh grant in the BVI if one intends to take control over a deceased’s shareholding in a BVI company for distribution amongst beneficiaries.