Understanding the Value of a BVI Registered Office and Agent
Having a registered office and agent in the BVI is not merely a formality; it is a legal requirement with substantial implications. Firstly, it ensures that the company remains compliant with BVI regulations, as failing to maintain a registered office and agent can result in penalties or even the dissolution of the company. Secondly, it facilitates communication between the company and regulatory authorities, ensuring that all necessary information and documents are appropriately handled and filed.