Bvi Business Companies ACT

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The BVI Business Companies Act is a statute of the British Virgin Islands relating to the formation of all companies in the British Virgin Islands, both offshore companies and local companies. It replaced the extremely popular and highly successful International Business Companies Act. The decision to replace the International Business Companies Act was driven by two things. Firstly, there was a general perception that the older legislation was becoming a bit dated, and needed modernising.