Stamp Duty Tax

Any person who requires the processing of instrument to facilitate registration.

Process

Step 1:  Present a minimum of three (3) copies of each executed Instrument to Inland Revenue main office, Road Town, Tortola.

Step 2:  Provide supporting documents for each Instrument as may be required.

Step 3:  Present Instrument and requisite Stamp Duty payment for each document.

Step 4:  Inland Revenue assesses Stamp Duty and issues receipt.

Step 5:  Appropriate stamp is affixed on the face of each instrument.

Form(s)

PDF icon incoming_stamp_duty_form.pdf

Related Fee(s)

Bonds 0.2%
Bills of sale  0.2%
Charges  0.22%
Debenture  0.05 or 0.2% 
Affidavit  $1.00
Amendment of Charge $5.00
Discharge $5.00
Power of Authority  $5.00
Promissory Note  $5.00
Consent $5.00
Surrender of Lease $5.00 
Caution $5.00
Transmission $5.00 
Grant of Easement $5.00
Guarantee  $5.00
Transfers:  
Belonger $5.00 or 4%
Non Belonger $5.00, 5% or 12%
Leases:   
(Non Belonger)  1.5%
(Belonger)  1%

Penalties & Interest:
Any un-stamped or insufficiently stamped instrument may be stamped after the execution thereof, upon payment of the unpaid duty and a penalty of thirty ($30.00) dollars.

Where the unpaid duty exceeds thirty ($30.00) dollars, an interest is charged on the unpaid duty at the rate of 8% per annum, from the day on which the instrument was first executed, up the time when the payment of any penalty is denoted on the instrument by a particular stamp.

Supporting Documents

  • Valid BVI Passport, Belonger Card or Birth Certificate
  • Duly executed Instruments
  • Appraisal Reports, not older than a year
  • Purchase and Sale Agreements
  • Land-Holding Licence, if applicable

Deadline:
All Instruments shall be stamped within thirty (30) days after the execution thereof.  Unpaid or insufficiently stamped Instuments which were executed outside of the Territory must be stamped within two (2) months after it has been first received in the territory.

Method of Applying

In Person

Turn Around Time

Instruments are stamped within 3 days from the date of submission

Additional Notes

Note:

  • Every instrument written upon stamped materials (documents) is to be written in such a manner that the stamp may appear on the face of the instrument.
  • Land Instruments Documents relating to Government/Crown are exempt, except for Bond and Bills of sale.
  • Non-Belonger Transfers / Leases are to be accompanied by Non-Belonger Land Holding Licenses.

Exempt:

  • Instruments for the purchase, sale, transfer, exchange, conveyance or lease of any property vested in or acquired by the Government, a Statutory Board or body corporate, any ecclesiastical or educational institution or non-profit institution.
  • All documents relating to the National Bank of the Virgin Islands are exempt.

 

 

Department Contact Information

Inland Revenue Department

Mailing Address:
P.O. Box 4634
Road Town, Tortola 
​Virgin Islands (British) VG1110

Physical Addresses:
Central Admin Complex
33 Admin Drive 
Road Town, Tortola VG1110

Vanterpool’s Building
The Valley, Virgin Gorda VG1150

Business Hours:

Tortola/Virgin Gorda
Monday - Friday (except on Public Holidays)
8:30 a.m. - 4:30 p.m.
Cashier: 9:00a.m.  - 3:30 p.m.

District Office Hours: 
3rd Wednesday Monthly
The Settlement, Anegada VG1140

3rd Friday Monthly
Great Harbour, Jost Van Dyke VG1160
Email Address: bvitaxes@gov.vg

Road Town, Tortola
Telephone: 1(284) 468-2154/2155
Fax: 1(284) 468-3379

The Valley, Virgin Gorda 
Telephone: 1(284) 468-6545
Fax: 1(284) 468-6501

The Settlement, Anegada
Telephone: 1(284) 495-8048

Great Harbour, Jost Van Dyke
Telephone:1(284) 495-0241