A reliable connection - even in times of continuous change


There is no requirement to file or audit annual accounts. However, the enactment of the Mutual Legal Assistance (Tax Matters) (Amendment) Act 2012 requires BVI registered companies to keep and maintain at the office of the registered agent or elsewhere outside the BVI, records and underlying documentation for a period of at least five years.

The records and underlying documentation of the company shall be in such form as are sufficient to show and explain the company’s transactions; and will, at any time, enable the financial position of the company to be determined with reasonable accuracy.

It is also a requirement that companies meet the solvency test when dividends are declared.

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