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BVI ECONOMIC SUBSTANCE & BOSS ACTS

BVI Economic Substance Act 2018 & Beneficial Ownership Secure Search System Act 2017

Updated November 2019 | Consolidated Acts

BVI Economic Substance (Companies and Limited Partnerships) Act 2018, Beneficial Ownership Secure Search System Act, 2017 and Related Rules and Regulations

BVI Economic Substance & BOSS Acts - Cover Image

The BVI Economic Substance and BOSS Acts contains consolidated versions of the Economic Substance (Companies and Limited Partnerships) Act, 2018, the Beneficial Ownership Secure Search System Act, 2017 and related rules and regulations.

The most recent legislative update includes:

  • the Beneficial Ownership Secure Search System (Time Limit for Filing Prescribed Information) Regulations, 2019, deemed to have come into force 1 October 2019.
  • amendments made by the Beneficial Ownership Secure Search System (Amendment) (No. 3) Act, 2019 in force 31 October 2019

Other legislative updates include:

  • amendments to the Beneficial Ownership Secure Search System Act, 2017 made by section 16 (Schedule) of the Economic Substance (Companies and Limited Partnerships) Act, 2018, which came into force 1 October 2019.
  • The balance of the Economic Substance (Companies and Limited Partnerships) Act, 2018 came into force 1 January 2019.

While every effort has been made to ensure its accuracy, and it is believed that the only errors in this reprint are those contained in the statutes themselves (which errors have been faithfully reproduced), no responsibility is assumed for the content and reference is made to the original for an authoritative statement of the law.

Conyers Dill & Pearman
British Virgin Islands

November 2019

 

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