Correspondence

The British Virgin Islands: Sharing beneficial ownership information

This document explains exchanging information between the UK government and the government of the British Virgin Islands.

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Detail

This exchange of notes and technical protocol for sharing beneficial ownership information came into force on 8 April 2016.

The arrangement requires the establishing and maintaining a central register, or equivalent system, containing accurate and current information on beneficial ownership for corporate and legal entities incorporated in their jurisdictions.

It also requires each jurisdiction to ensure effective and unrestricted access to this information to the other jurisdiction’s law enforcement and tax authorities.

Read the Prime Minister’s letter to the Overseas Territories on beneficial ownership.