BVI Economic Substance – effective date delayed

In an extraordinary Gazette published 28 June 2019, the effective date for Economic Substance (Companies and Limited Partnerships) Act, 2018 (section 16 – deadline on economic substance reporting) coming into force was delayed from 30 June 2019 to 1 October 2019.

We encourage all clients and users of BVI companies to take the necessary steps to ensure that they are in compliance with the requirements of the new Economic Substance. 

Hatstone can provide a full service offering to persons seeking to comply with the Economic Substance requirements from providing initial legal advice and assistance through to directorships and fully operational and staffed service offices.

Please feel free to reach out to one of our contacts below and we will be happy to see how we can assist you with your business needs.

Contributing Advisors