Latest / Exploring Offshore Litigation
Back from the dead: A creditor's guide to restoring struck-off BVI companies The Legislative Landscape: From Strike Off to Dissolution Two Routes to Restoration Administrative Restoration under Section 217 Court Restoration under Section 218 The Registered Agent Problem: The Real Hurdle and Recent Development Effect of Restoration Practical Considerations for Creditors The Way Forward: Scope for Legislative Reform? Conclusion
The British Virgin Islands (BVI) has long occupied a pre-eminent position among the world's offshore jurisdictions for corporate formation.
Hundreds of thousands of entities are registered under the BVI Business Companies Act, Revised Edition 2020 (BCA), and the territory's appeal as a domicile for holding companies, investment vehicles, and international trading structures shows no sign of diminishing. Yet with such a vast population of registered entities comes an inevitable corollary: a great many companies fall into administrative neglect, are struck off the Register of Companies (the…
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