BVI Record Keeping

Effective from September 2014 new record keeping rules for limited partnerships and companies have been put in place in the BVI.  These new BVI Record Keeping rules include:

  • All documentation and records can be kept in the BVI or in another jurisdiction
  • In cases where records are kept outside of the BVI, the company must confirm the physical address of where the records are kept and any changes in location, in writing to the BVI registered agent
  • All records must be maintained for a minimum period of five years from the transaction date.

Further to the above companies must continue to maintain records that can sufficiently show and explain the transactions of the company and enable the financial position of the company to be shown. The new amendments state further that the records must show any sums of money received/spent, assets liabilities and sales/purchases.

FastCo provides you with specialized tailored solutions. Our team is comprised of professionals who are fully qualified in their field of expertise. We are a trusted provider of corporate services including:

1. Provision of fiduciary services

2. Opening of corporate bank accounts

3. Management and administration of companies

4. Audit

5. Tax planning

6. Accounting

7. Company registration


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