Global trust, fund administration and corporate services provider Vistra has launched the British Virgin Islands (BVI) Economic Substance Services and Solutions, designed to help clients determine the classification of their BVI company as it applies to the substance legislation.

Developed by Vistra’s in-house legal team, the BVI Economic Substance Classification Questionnaire is a service for any BVI entity to gain clarity on their status, supported by detailed analysis and tailored solutions.

Simon Filmer, global lead, company formation, Vistra, commented: “It's now mandatory for all BVI entities to comply with su...