Are there restrictions on the types of commercial transactions that BVI companies may undertake?
Generally, there are no restrictions, as BVI companies are designed to be highly flexible. However, if a company intends to engage in regulated activities—such as banking, investment services, or insurance—it must first obtain the appropriate license from the BVI Financial Services Commission (FSC).
What is it? Squatters’ law, often referred to as adverse possession, is a legal principle that allows a person to claim ownership of a property based on their continuous, open, and uninterrupted use of the property without the permission of the…