Sources

Every statement above is tied to an entry below. Confidence A means a primary text or a regulator statement. Confidence B means a consistent professional source, or a conclusion drawn from the absence of a provision.

1. B alternative — No resident director is required in this jurisdiction, so no substitute arrangement arises. Derived from JF-025 reviewed 2026-08
2. A beneficial ownership access — The Beneficial Ownership Regulations 2024 came into force on 2 January 2025. The register is not public. The access policy was published on 23 June 2025 and the BVI Financial Services Commission launched legitimate interest access functionality on 1 April 2026. Government of the Virgin Islands access policy reviewed 2026-08
3. B nominee status public — Since 2 January 2025 the register of members must be filed with the Registrar, together with the name and address of the nominator where a shareholder acts as a nominee. The filed register is not publicly available and is accessible to the company, its registered agent, BVI competent authorities and law enforcement. Collas Crill briefing on the BVI Business Companies (Amendment) Act 2024 reviewed 2026-08
4. B resident director required — The minimum number of directors of a business company is one. There is no requirement that any director be resident in the BVI. Corporate directors are permitted. A registered agent and registered office in the BVI are mandatory. Conyers comparative guide to BVI and Cayman companies reviewed 2026-08