BVI extends the free filing period
We would like to let you know that the BVI Government extended the free filing period to 31 December, 2016 for filing the private registers of directors on behalf of BVI business companies.
The extension means an existing BVI Business Company (one on the register at 1 April, 2016 when the requirement took effect) will have until 31 December, 2016 to make the initial private filing of its register of directors for free. After 31 December, 2016 and until 31 March, 2017 filing fee will be USD$25.00 and after 1 April, 2017 filing fee will be USD $50.00 plus penalties. For New Business Companies or changes in the register of directors of companies that have already filed their registers, filing fee is USD$50.00. Administrative handling fee will be applicable to all filings.
To download a copy of our complete Legal Flash, click HERE.
If you hold more than 5 companies under your administration, please complete the Register of Directors registration template provided by the BVI Financial Services Commission (FSC). This template can hold a maximum of 150 companies to be registered as a batch in the Register's system.
Click HERE to download the template.