The British Virgin Islands (BVI) reports its strongest first half of the year for company incorporations since 2021, with 14,977 new incorporations according to the latest Quarterly Statistical Bulletin published by the BVI Financial Services Commission (FSC).
The significance of the latest figures lies not only in the volume of new registrations, but in where growth is occurring. Sharp increases in limited partnerships and private investment funds point to greater demand for BVI structures used in private-market investment, while the expansion of the jurisdiction’s licensed virtual asset sector demonstrates its growing role in regulated digital finance.
Key figures from the FSC’s Q2 report include:
• Limited partnership formations increased by 73% over the past year, rising from 103 to 178.
• Private investment fund registrations almost doubled, increasing by 93% from 14 to 27.
• Overall new fund registrations rose by 23%, from 60 to 74, with private investment funds accounting for 13 of the 14 additional registrations.
• The number of licensed VASPs increased from five to 27 in 12 months.
• More than 7,300 companies were incorporated, making it the strongest second quarter since 2022.
Growth in limited partnerships and private investment funds reinforces the BVI’s established role in the global private capital market. Increased activity across both areas points to sustained demand for BVI structures from private equity, venture capital and other investment managers seeking to pool and deploy capital internationally.
This strength in private capital is complemented by the expansion of the BVI’s licensed virtual asset sector, highlighting the jurisdiction’s ability to apply its legal and regulatory expertise to emerging areas of global finance. Increased supervisory activity alongside this growth is supporting the sector’s responsible development and ensuring that innovation continues within a robust regulatory framework.
Elise Donovan, CEO of BVI Finance, said:
“International finance is changing. Capital is increasingly being raised through private markets, while digital assets are transforming how ownership and value move across borders. These results show that the BVI is responding to both developments.
“The growth in limited partnerships and private investment funds reflects the jurisdiction’s continued relevance to global private capital. At the same time, the expansion of our licensed VASPs sector shows that the legal certainty, flexibility and professional expertise for which the BVI is known are equally relevant to the emerging on-chain economy.
“The BVI is not moving away from its traditional strengths. It is using them as the foundation for a broader financial services offering capable of supporting how international businesses and investors operate today.”
Honourable Lorna G. Smith, OBE, Minister responsible for Financial Services and Economic Development, said:
“These results reflect our work to ensure that the BVI’s financial services industry continues to evolve alongside the needs of international markets.
“Continued strength in our corporate sector, combined with growth in private-capital structures and regulated digital assets, demonstrates the breadth of the jurisdiction’s offering. The Government remains committed to working with the FSC and industry to support responsible innovation and reinforce the BVI’s position as a competitive, well-regulated international financial centre.”
ENDS
Source: BVI Financial Services Commission Quarterly Statistical Bulletin Q2 2026
For further information, please contact:
Shamahl A. Smith
Communications and Research Officer
ssmith@bvifinance.vg
Tel: 284-852-1957
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