I say good day and God’s blessings to everyone here at home in the Virgin Islands as well as to our wider financial services industry family all around the world.

The International Tax Authority is informing Entities that with the recent updates to the BVIFARS, users can now update necessary information via BVIFARS such as changing the details of the primary user or deregistering an entity.

Mr Speaker, I rise to pay tribute and say thanks to one of this Territory’s most brilliant professionals, who has dedicated his lifetime to public service, and who has held some of the highest offices in this country, performing with distinction.

Continuing with its vision to lead through the Territory’s compliance with international standards on transparency and exchange of information for tax purposes by delivering services that create value for all stakeholders, the International Tax Authority  (ITA) announces the launch of its new website, https://bviita.vg/.

Mr. Speaker, the Government of the Virgin Islands is partnering with the United Nations Development Programme (UNDP) to assist Micro Small and Medium size Enterprises in the food services sector including restaurants, cafes and food vans.

 Industry experts highlighted the importance of cash and liquidity to ensure effective business continuity in light of the impact of COVID-19 at yesterday’s BVI Finance Breakfast Forum.

Good day and God’s blessing to all of you and my heartfelt prayer that you remain safe and secure in these special times. The Government of the Virgin Islands and the entire Public Service has been exceptionally busy these past weeks to secure the health and well-being of our people. At the same time, we have been focused on securing our economy.

The International Tax Authority (“ITA”) following the announcement made by the Government is activating its business continuity plan during the coronavirus (COVID-19) pandemic. As a result, the ITA expects to maintain its operational frameworks and meet its international obligations. Confidentiality and data safeguards remain critical for the ITA’s functioning and strict security measures will continue to apply to all remote working.

The British Virgin Islands London Office has been closely monitoring the spread of Coronavirus (COVID-19) in the United Kingdom (UK) and wider Europe.

BVI Finance is pleased to announce four new appointments to its board following its 4^th Annual General Meeting on 28 January 2020.