Increase In BVI Disbursements Rates

The BVI Government has recently passed amendments to the Statutory Rates, Fees and Charges Act, 2005 and the Income Tax Act, Cap 206 which affect the cost of certain documents and services obtained from government departments.

Effective 1 May 2020, the following new government fees apply:

*this is not the Certificate of Good Standing obtained from the Registry of Corporate Affairs.

As a result, clients will see a corresponding increase on all invoices raised in respect of the above disbursements with effect from 1 May 2020.

If you need further clarification on the above, please contact your usual Trident representative.