BVI: Exploring New Developments In Fund Structuring

The British Virgin Islands (BVI) has long been recognised as a leading jurisdiction for fund structuring, thanks to its favourable legal framework, tax advantages, and flexible regulatory environment. Last year, the BVI took a significant stride towards embracing the digital asset landscape by introducing the Virtual Assets Service Providers Act, 2022 (the BVI VASP Act), which came into force earlier this year.