BVI Register & Beneficial Ownership Filings: Extended Deadline
The British Virgin Islands (BVI) Financial Services Commission (FSC) has announced an important extension for certain corporate filings. Companies incorporated in the BVI before 2 January 2025 now have additional time to submit Registers of Members (ROM), Registers of General Partners (ROGP), Registers of Limited Partners (ROLP), and Beneficial Ownership (BO) information without incurring fees or penalties.
Extended Deadline for Compliance
Previously, entities were required to submit these filings within specific deadlines, but the BVI FSC has now extended the filing period until 31 March 2026. This extension applies to existing business companies and limited partnerships, allowing them to complete their statutory obligations without facing late fees or penalties. It is important to note that from 1 April 2026, filing fees and any applicable late penalties will be reinstated.
What This Means for BVI Entities
For entities that have already completed their submissions, no further action is required. As the registered agent, WWincorp continues to transfer the submitted data to the BVI FSC and will provide clients with stamped registers once filings are officially approved.
For those who have not yet submitted their ROM or Beneficial Ownership information, this extension provides a valuable opportunity to complete the process in a timely manner without additional costs. It is advisable to take prompt action to ensure all filings are compliant before the new deadline.
How WWincorp Supports Your Filings
WWincorp assists BVI companies and limited partnerships with the submission of all required documentation. Clients can access the MyFormations Portal, where the ROM and BO information can be submitted directly. For those needing guidance, the portal includes an FAQ and user guide to help ensure all filings meet BVI FSC requirements.
Final Considerations
This deadline extension offers a crucial window for BVI entities to regularise their statutory registers without incurring unnecessary penalties. Companies and partnerships are encouraged to review their compliance status and complete any pending filings as soon as possible. By staying proactive, entities can maintain good standing and avoid complications once the new deadline passes.
For assistance with submitting your BVI filings or for more information about compliance requirements, contact WWINCORP today. Our team of experts can guide you through every step of the process.
Tel: Europe, Africa and Middle East: + 44 20 8123 0460
North America: + 1 800 853 4025
Asia: + 852 8175 7840
Australia/New Zealand: + 61 3 9018 7580
Email: info@wwincorp.com