Among our duties as specialists in the Wealth Planning and Multi-Family Office Area is to follow the changes in international legislation and evaluate the application and impacts to our clients and to the planning developed.
As it is well known in the industry, the jurisdiction of the British Virgin Islands – BVI – is one of the most used in wealth planning. Aware of this, and in accordance with adjustments to local legislation that have occurred in recent years, all companies incorporated in the BVI will be required to file an Annual Financial Return Form as of January 2024, a previously discretionary obligation.
Thus, although our clients are supported by our action in face of this need and how to prepare themselves to comply with this new requirement of the BVI legislation, if you fall within this scope and do not have assistance or are looking for a new one, we invite you to contact our Wealth Planning team, through our Head of Wealth Planning – Rodrigo Martins, (rodrigo.martins@ronaldomartins.adv.br), of the law firm RONALDO MARTINS & Advogados – and we will be pleased to advise you in this regard to ensure that your company is up to date with the compliance of all relevant legal and regulatory obligations.
