Consolidated Acts

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British Virgin Islands Economic Substance (Companies and Limited Partnerships) Act and the Beneficial Ownership Secure Search System Act and Related Rules and Regulations

This is a consolidated version of the Economic Substance (Companies and Limited Partnerships) Act, Revised Edition 2020 and the Beneficial Ownership Secure Search System Act, Revised Edition 2020 together with related regulations and rules, incorporating all amendments to date.

The most recent legislative update includes:

  • Amendments to sections 2, 10, and 13 of the Beneficial Ownership Secure Search System Act (Revised Edition 2020) made by the Beneficial Ownership Secure Search System (Amendment) Act, 2024 in force 25 July 2024 except for the amendments to section 10 which are due to come into force 1 January 2025

The British Virgin Islands Economic Substance (Companies and Limited Partnerships) Act and the Beneficial Ownership Secure Search System Act and Related Rules and Regulations compendium contains consolidated and up-to-date versions of the following:

  • Economic Substance (Companies and Limited Partnerships) Act
  • Rules on Economic Substance in the Virgin Islands
  • Economic Substance (Companies and Limited Partnerships) (Intellectual Property Business) Requirements) Regulations, 2020
  • Beneficial Ownership Secure Search System Act
  • Beneficial Ownership Secure Search System (Fees) Regulations
  • Beneficial Ownership Secure Search System (Time Limit for Filing Prescribed Information Regulations
  • Beneficial Ownership Secure Search System (Access and Disclosure) Regulations, 2020

 

Conyers Dill & Pearman
British Virgin Islands

January 2025

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