How to obtain a Mutual Fund License in The British Virgin Islands
The first step for obtaining a BVI Investment Fund License is to register a local BVI Business Company or a Limited Partnership or Unit Trust.
In most cases, a BVI Business Company is the preferred form of incorporation. The formal application for a license has to be made to the British Virgin Islands Financial Services Commission. Before applying for a license, an Investment Fund must have an investment manager, an administrator, a custodian, and an auditor. The investment managers must be licensed under the act. The applicant also has to prepare a prospectus for the fund for the application process. It is also required to have an authorized representative in the British Virgin Islands. The fee for an application for a license is $1000. After completion of the application process, the Financial Services Commission will issue a certificate of registration.
If you are interested in learning more about a BVI Investment Fund License and how it can help your business, please complete the form on this page and one of our dedicated team of experienced professionals will assist you through the entire process of obtaining a BVI Investment Fund License.