Partners at Harneys made up 3 of the original 5 draftsmen of the Act.
The International Business Companies Act, 1984[1] was a statute of the British Virgin Islands which permitted the incorporation of International Business Companies (IBCs) within the Territory. The Act played in a huge role in the economic and financial development of the Territory in the 1990s. It has been called "the most important piece of legislation in BVI history since the emancipation".[2]
The original Act was copied widely by other offshore financial centres.[3]
^Chapter 291 of the Revised Laws of the Virgin Islands, 1991
^"A tough Act to follow – looking back at the birth of the BVI's groundbreaking International Business Companies Act". Legal Week. 2 May 2014.
^The International Business Companies Acts of Anguilla[1] Archived 6 December 2006 at the Wayback Machine, The Bahamas[2] and Belize[3] Archived 27 February 2007 at the Wayback Machine are almost word-for-word copies of the British Virgin Islands model. St Vincent and the Grenadines also enacted legislation which is strikingly similar.[4]
and 26 Related for: International Business Companies Act information
The InternationalBusinessCompaniesAct, 1984 was a statute of the British Virgin Islands which permitted the incorporation of InternationalBusiness Companies...
jurisdiction of residence or place of doing business. Economics portal InternationalBusinessCompaniesAct List of company registers Multinational corporation...
both offshore companies and local companies. It replaced the extremely popular and highly successful InternationalBusinessCompaniesAct. It came into...
Anguillan company law is primarily codified in three principal statutes: the InternationalBusinessCompaniesAct (Cap I.20); the CompaniesAct (Cap C.65);...
expanded market reach. Additionally, internationalbusiness plays a crucial role in sustainable development, as companies increasingly prioritize ethical practices...
officials to benefit their business interests. The FCPA is applicable worldwide and extends specifically to publicly traded companies and their personnel, including...
with CompaniesAct of 2007 and Securities Act; a Private Limited Company can convert to Public Limited Company by complying with CompaniesAct of 2007;...
Companies House is the executive agency of the British Government that maintains the register of companies, employs the company registrars and is responsible...
as company law or enterprise law) is the body of law governing the rights, relations, and conduct of persons, companies, organizations and businesses. The...
government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee...
major part of the economy. The InternationalBusinessCompaniesAct, passed in the early 1980s, encouraged such businesses and has generated significant...
holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually...
lost offshore business, enacted a new form of companies legislation, the InternationalBusinessCompaniesAct, under which an offshore company which was exempt...
InternationalBusiness Machines Corporation (using the trademark IBM), nicknamed Big Blue, is an American multinational technology company headquartered...
Commission and must be registered under the Investment CompanyAct of 1940. Investment companies invest money on behalf of their clients who, in return...
leaving the BVI BusinessCompaniesAct, 2004 as the sole corporate statute. The BVI BusinessCompaniesAct is based largely on New Zealand company law, but has...
a division thereof, which engages in offshoring business processes. Internationalbusinesscompanies (IBC) or other types of legal entities, which are...
Many of the largest companies lost ground and new enterprises were established. New Zealand companies are dependent on international trade, mainly with...
to business dealings outside the context of overt war.[who?] Accused companies include General Motors, IT&T, and Eastman Kodak. American companies that...
a bid to attract business for their jurisdictions. Examples include "segregated portfolio companies" and restricted purpose companies. There are, however...
A business incubator is an organization that helps startup companies and individual entrepreneurs to develop their businesses by providing a fullscale...
services" by the EU in September 2023. These companies had until 6 March 2024 to comply with all of the Act's provisions. The list of obligations includes...
They may also be known as internationalbusinesscompanies, personal investment companies, front companies, or "mailbox" companies. While these terms are...
Princeton, New Jersey, United States (Tyco International (US) Inc.). Tyco International was composed of two major business segments: security solutions and fire...