The British Virgin Islands (BVI) adopts economic substance requirements applicable from 1 Sausis 2019 (with a six-month transitional period for existing legal entities) jei ji vykdo bet kurią iš toliau nurodytų „susijusių veiklų“:
- bankininkystės verslą
- insurance business
- fund management business
- finance and leasing business
- būstinės verslas
- laivybos verslas
- holding business
- intelektinės nuosavybės verslas
- distribution and service centre business.
If the economic substance fail, the BVI non-resident company needs to show that it is resident (and taxed) in another jurisdiction. Companies registered in the BVI are widely used in Hong Kong.