Can a BVI company be re-domiciled to or from another jurisdiction?
Redomiciliation of companies into and out of the British Virgin Islands is permitted, subject to compliance with applicable local regulations
Can a BVI company issue different classes of shares?
Yes. BVI companies may issue various classes of shares, including ordinary, preference, redeemable shares, as well as shares with or without voting rights.
Can companies redomicile into or out of the BVI?
Yes. The BVI Business Companies Act, 2004 permits both inward and outward continuation, subject to compliance with the requirements of the BVI and the foreign jurisdiction.
Can the directors act during the liquidation?
Upon the appointment of a liquidator, the directors’ powers cease, and the liquidator assumes full control over the affairs and operations of the company.
