The British Virgin Islands Financial Services Commission (BVI FSC) has published guidance stating the target dates by which most key transactions relating to beneficial ownership can be reported to the Registry of Corporate Affairs.

Beneficial ownership reporting via the newly built VIRRGIN system officially began on 2 January 2025, but the system is still in the process of implementation. It was always expected that the various types of filing transactions would be rolled out incrementally in accordance with pre-determined timelines