The BVI Business Companies (Amendment), Act, 2022 (“the Act”) will come into force on 1 January 2023. The Act seeks to strengthen the BVI business companies regime in order to ensure continued alignment with international standards and best practice.
Key amendments/ changes
How we can help
As the changes come into force on 1 January 2023, companies should review the impact of them now to identify any action needed. We will provide further general guidance on the changes being brought by the Act as its interpretation develops.
For further information, please contact Ms. Amie Cheung at amie.cheung@lccpa.com.hk