Dit is hartseer om dit in die Britse Maagde-eilande te sien (BVI) jy kan nie aanlyn vir 'n maatskappy se naam soek nie… For this privilege you have to fill a form & betaal US$30, stuur dit per slakpos of e-pos en wag vir die antwoord terug… Waar is ons?

In hierdie dag & age when information is acquired very fast: you will spend less time acquiring knowledge about superconductivity than getting information on a company on the register in the BVI.

The BVI Finance Services Commission (BVIFSC), despite having US$2.8 million in surplus (2014 report), is not even able to put up an online search facility. Such system would barely cost more than US$10K. That is really appalling.

It turns to a joke when you read that the BVIFSC’s mission statement is to:

• protect the interests of the general public and market participants.
• ensure industry compliance with the highest international regulatory standards and best business practices.

BVI = Best Varnished Islands.

Update on 19/MAR/2024: this post was first written on 29/JAN/2017 and as of this day, more than 7 years later, there are still no facilities to conduct an online search of registered companies… Amazing!