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The British Virgin Islands (“BVI”) is home to over 480,000 active business companies. This article considers the benefits of using a BVI company for an initial public offering (“IPO”).
The benefit is the flexibility of our company law – the BVI Business Companies Act, 2004 (“BC Act”) which came into full force and effect on 1 January 2007. The BC Act is modelled on the Delaware statute but has been anglicised to take account of the fact that the BVI is a common law jurisdiction.
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BVI Companies for Initial Public Offerings