BVI Register of Members and Beneficial Owners: Filing Requirements

The BVI have recently introduced amendments to the BVI Business Companies Act.

All BVI Companies are now required to file a copy of their Register of Members/Shareholders and Register of Beneficial Owners with the BVI Financial Services Commission.

The information of the beneficial owner and shareholder is confidential and not accessible to the public.

Failure to comply will result in the company being issued with a penalty, and the company could be struck off/dissolved.

Please note: Any shareholder owning more than 10% of the company shares must be registered with the authorities.

The price to file the Register of Shareholders and Beneficial Owners is included in our BVI Company Formation package.

When did the new BVI filing requirements take effect?

The new BVI beneficial-ownership filing requirements came into force on 2 January 2025. Under the revised framework, relevant BVI companies must file their Register of Members and beneficial-ownership information with the Registrar through their registered agent, subject to any applicable exemptions.

These requirements changed how ownership information is recorded with the BVI Registry. Companies must also ensure that their registered information remains complete, accurate and up to date. Changes to members or beneficial owners should therefore be reported promptly to the company’s registered agent.

Additional registry filings may result in government or registered-agent fees. Where CFS completes these filings as part of a BVI company formation or renewal package, customers should check the current package description to confirm what is included.

To read more about the BVI, please click here.