New BVI Legislation

New legislation relating to BVI companies will come into effect as of  1ST January 2016.  According to the Premier’s Office of the Government, “beneficial ownership information of BVI companies will be required to be held within the BVI and that relevant information requested by Competent Authorities will be provided expeditiously by a more effective and efficient system. Service providers in the BVI will be required to become compliant with these requirements for existing companies within twelve (12) months, with a possible extension in specific circumstances. The information required to be held will include company beneficial owners’ names, dates of birth, residential addresses and nationalities.

In addition to the introduction of these enhancements to the AML/CFT requirements, the BVI Business Companies Act, amongst other things, will be amended to include a requirement for the private filing of registers of directors for all companies”.

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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