BVI Annual Return 2025: Deadline and Compliance Requirements
All companies incorporated in the British Virgin Islands (BVI), excluding those that are listed or regulated under financial services legislation, must file an Annual Financial Return for the 2024 calendar year by 30 September 2025.
What is the BVI Annual Return Requirement?
The BVI Annual Return Requirement mandates that all BVI companies (excluding listed or regulated entities and other limited exceptions) to submit a profit & loss and balance sheet each year to their Registered Agent. This return must cover basic financial information for the previous financial year and be filed using a prescribed form as shown in link below. While the return does not require auditing or public disclosure, timely submission is essential to maintain good standing and avoid statutory penalties.
This mandatory filing, introduced under the BVI Business Companies (Amendment) Act, 2022, requires companies to submit a financial summary in a prescribed form to their Registered Agent. The return does not need to be audited or filed with the BVI Financial Services Commission, but accurate and timely filing is essential to avoid penalties.
Key Points:
Deadline (for Companies with FYE 31/12/2024): 30 September 2025
Applies to: All BVI companies (certain, limited exceptions apply)
Filing Method: Submit to your Registered Agent
Format: Financial summary using the prescribed template here
Penalties: Late filing may incur financial penalties, the Company not being in good standing or lead to strike-off proceedings
At BVI Accountants, we can assist with preparation of accounting records, annual returns and financial statements for your BVI Entity.
Need Support?
Contact our team today at contact@bviaccountants.com to ensure your company meets its 2025 obligations without risk or delay.
