BVI

In international wealth and succession planning, the choice of share ownership structure can directly impact the efficiency and continuity of a corporate structure. In the British Virgin Islands (BVI), one of the most commonly used mechanisms for this purpose is Joint Tenancy with Right of Survivorship (JTWRS) . What is Joint Tenancy? Joint Tenancy is a form of co-ownership in which two or more individuals jointly hold title to the same shares. Its key feature is the Right of

In a context of in creasing international pressure for transparency and tax integrity, the British Virgin Islands (BVI) introduced Economic Substance legislation in 2019. The purpose of this framework is to ensure that entities incorporated in the territory maintain real economic presence and activities, aligning the jurisdiction with the recommendations of the European Union and the OECD. The Economic Substance Act directly impacts companies and entities registered in the BV

Every company in the BVI must maintain an authorized Registered Agent (RA) in the jurisdiction. It is not uncommon for a Registered Agent to undergo administrative or corporate changes that may lead to service and support levels falling below expectations — and sometimes even result in excessive, unjustified, or unexpected costs. In such cases, shareholders and/or directors may choose to change their Registered Agent. The process to transfer a Registered Agent with Aurora, fo

In the British Virgin Islands (BVI) , the role of the Registered Agent is essential for the incorporation and ongoing maintenance of companies. It is a legal requirement established under the BVI Business Companies Act , which mandates that every company incorporated in the jurisdiction must, at all times, retain a duly licensed agent to act as its local representative and to ensure full compliance with all regulatory obligations before the Financial Services Commission (F

In recent years, there has been a significant increase in the number of Brazilians seeking to use fiduciary structures abroad to protect their assets and organize family succession. Among these structures, trusts stand out — legal instruments through which a settlor transfers assets to a trustee , who manages them for the benefit of one or more beneficiaries , in accordance with the terms set out in the Trust Deed . The British Virgin Islands (BVI) have become one of the mo

In international wealth structuring, the use of trusts can be a valuable tool—particularly for succession planning, asset protection, and tax efficiency. In simple terms, a trust is a legal instrument through which a settlor transfers assets to a trustee , who manages them for the benefit of one or more beneficiaries , according to the provisions set out in the trust deed (constitutive document). A key decision in this context is the choice between establishing a revocable