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BVI Financial Services New Fees Regulations


Date:2021/07/01

BVI Business Companies (Amendment of Schedule 1) Order, 2021, and the Financial Services Amendment (Limited Partnership Fees) (Amendment) Regulations, 2021:

Effective 1 July 2021 certain Registry fees in the BVI will increase - the main changes are as follows:

•            A US$75 fee will be introduced for filing the first register of directors, required to be filed within 21 days of appointment. There was previously no Registry fee associated with this filing on incorporation.

•            The Registry will only issue digital certificates as standard going forward: an additional US$50 fee will be payable where an original paper certificate is required. This applies to the certificate of incorporation, as well as certificates of good standing and other Registry certificates (dissolution, discontinuation etc).

 

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