Is there a requirement to file annual returns or financial statements?
Effective 2023, every BVI companies are required to file an annual return providing basic financial information. However, submission of audited financial statements is not mandatory.
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…