Frost Wu

We look briefly at how an application can be made to the court in the British Virgin Islands (BVI) to restore a BVI company to the Register of Companies (Register), and aims to provide some practical insight into the restoration process.

Cayman Islands introduced The Virtual Assets (Service Providers Act) (“VASP Act”) to align with the standards and recommendations set out by the Financial Action Task Force relating to the AML/CFT supervision of virtual asset services providers (“VASPs”).

Explore key points of fund management regulation in Cayman Islands, a jurisdiction with a strong global reputation, tax neutrality and fund flexibility.

This article will provide a general overview of the steps involved in the formation and running of a closed-ended investment fund in the Cayman Islands pursuant to the Private Funds Act (As Revised) (the “Act”). Whilst there are no statutory requirements as to the type of legal entity…

The Common Reporting Standard (“CRS”) which was published by The Organisation for Economic Co-operation and Development (“OECD”) is intended to, among other things, improve international tax transparency. The CRS achieves this objective by, among other things, requiring committed jurisdictions to obtain information on offshore accounts held with “Financial…