Subsidiaries of BVI entities
Under the BO Regime BVI companies and limited partnerships must collect, maintain and (subject to certain exemptions) file up-to-date beneficial ownership information with the BVI Registrar of Corporate Affairs. Subsidiaries of entities subject to the BO Regime, based on direct / indirect ownership or control, of 75% or more of the voting rights, are exempt from the filing obligation.
For more information on other exemptions, key filings and updates to the BO Regime, please see our client update.
