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Records Management Program <[log in to unmask]>
Date:
Thu, 10 Jan 2013 10:54:09 -0500
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New Record Keeping And Retention Obligations For BVI Companies And Limited
Partnership - Corporate/Commercial Law - British Virgin Islands

Recent changes have been made to the record keeping and record retention
obligations of all BVI companies and limited partnerships with the
enactment of the *Mutual Legal Assistance (Tax Matters) (Amendment) Act 2012
*, and the *Partnership (Amendment) Act 2012* (the "Reforms").

The Reforms came into effect from the date of assent on 12 November 2012,
and were introduced in response to recommendations contained in the Phase 1
Peer Review Report on the BVI produced by the Global Forum on Transparency
and Exchange of Information for Tax Purposes (the "Report"), published in
August 2011.



 http://bit.ly/10idKJu

Source:
http://www.mondaq.com/x/214310/Corporate+Commercial+Law/New+Record+Keeping+And+Retention+Obligations+For+BVI+Companies+And+Limited+Partnership
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