Insights & Events

On 30 May 2025, the British Virgin Islands Financial Services Commission (BVI FSC) issued Industry Circular 22 of 2025. Pursuant to Schedule 2, Part VIIB, Section 60I (2) of the BVI Business Companies Act (Revised Edition 2020), the Registrar has exercised statutory discretion to extend the mandatory filing deadline for BVI business companies and limited partnerships incorporated before 2 January 2025 by six months, from 1 July 2025 to 1 January 2026. This is a one-time transitional relief and does not apply to companies formed on or after 2 January 2025 (which must file within 30 days of incorporation) nor does it affect subsequent annual update obligations.