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The British Virgin Islands Financial Services Commission (“BVI FSC”) has recently announced an increase in Annual Licence Fees which will come into effect on 1 January 2023. This fee increase does NOT impact on the 2022 Annual Licence Fee invoices issued in 2022 i.e. the 2022 fee remains as issued with no fee increased.
With respect to the 2023 fee increases, the most notable are summarised in the table below:
The BVI FSC has also increased other filing fees and the fee for the issuance of certificates.
You can download the BVI Business Companies (Amendment of Schedule 1) (No.2) Order, 2022 from the bottom of the page.
Whatsapp : (852) 6499 4686 Phone : (852) 2186 6936 Email : info@intershores.hk
Disclaimer: Whilst reasonable care has been taken in provision of information above, it does not constitute legal or other professional advice. INTERSHORES does not accept any responsibility, legal or otherwise, for any error omission and accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, readers are advised to take appropriate professional advice before committing themselves to any involvement in jurisdictions, vehicles or practice.
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