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The British overseas territory of the BVI is one of the leaders in offshore jurisdictions offering fund products. BVI offers a great balance between a proactive regulatory framework that meets international standards, a business friendly environment and innovative legislation in its financial services industry.
BVI offers a variety of fund types, suitable to cover a range of different investment products and investors.
BVI incubator funds are restricted to a maximum of 20 investors investing a minimum amount of US$20,000 each.
Approved Funds in the BVI are set up for 20 investors where the total net assets under management should not exceed US$20mn.
Setup for a maximum of 50 investors or interests offered on a private basis only.
Professional funds are only open to “professional investors” and the minimum investment amount is US$100,000.
These are funds offering shares to the public and are not otherwise a private or a professional fund.
Looking to set up an offshore fund? Our expert fund advisors will guide you through the whole process – from choosing which jurisdiction is best for you, to obtaining your fund licence and day-to-day management.
Our services include:
Investment funds in the BVI are regulated by the Securities and Investment Business Act (“SIBA”).
Closed-ended funds such as private equity funds and registered funds (incubator and approved funds)
BVI has several types of funds, the BVI Incubator Fund, Approved Funds, Private Funds, Professional Funds and Public Funds
Mutual funds and non-BVI investors are exempt by legislation from all tax
The vehicles commonly used for setting up of funds in the BVI are the BVI Business company, the segregated portfolio company, the unit trust and the exempted limited partnership
BVI Funds, regulated by SIBA will generally be required to appoint the following functionaries (unless exempted):
(NB: for Private/Professional Funds, custodian must be independent from the manager/administrator unless there are sufficient systems to ensure functional independence)
We offer expert support throughout the whole process.
From choosing the right jurisdiction for you, to day-to-day administration and annual management of the fund.
Contact us today for an initial complimentary consultation and find out how we can help you achieve your investment goals!