At Hunte & Co., our Corporate Law team provides thoughtful, practical guidance to help businesses at every stage, from business formation and structuring, to managing transactions, to transferring or dissolving a company. Our core values—including consideration for clients, respect for colleagues, and service to our community—inform every aspect of our work. We take the time to understand each client’s unique goals, and to advance them with professionalism and integrity.

We regularly assist clients with:

  • Contracts
  • Corporate Advisory and Governance
  • Joint Ventures
  • Mergers
  • Redomiciliation & Continuation
  • Shareholder Agreements
  • Employment law and Business Practice
  • Commercial Transactions
  • Business Formation and Structuring
  • Solvent Corporate Liquidations

Frequently Asked Questions

What is the distinction between a merger and a consolidation in the BVI?

A merger occurs when one company remains in existence and incorporates the assets and liabilities of the other entity or entities, which cease to exist. In contrast, a consolidation involves the dissolution of all merging companies and the creation of a new company, which assumes ownership of all assets and liabilities of the former entities.

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.
How do I structure a joint venture or shareholder arrangement using a BVI company?
This is typically accomplished through a comprehensive Shareholders’ Agreement, supplemented by tailored Articles of Association. Engaging legal counsel is strongly recommended to ensure the enforceability and effectiveness of the arrangement.
What types of companies can redomicile into the BVI?
Generally, most types of foreign companies can redomicile into the BVI if their home jurisdiction allows continuation out and they are not subject to liquidation, insolvency, or winding up proceedings.
What is a solvent liquidation?
A solvent liquidation, also known as a Members’ Voluntary Liquidation (MVL), is the formal process of voluntarily winding up a company that is able to satisfy all its debts in full within a specified period, typically within 12 months.