FSC
Compliance deadlines
Filing and fee deadlines drawn from British Virgin Islands Financial Services Commission's own published instruments — each row links the instrument it comes from.
Deadlines are extracted and curated from the source instruments and human-reviewed, but instruments change and transitional rules apply — always verify against the linked instrument and the regulator's own site before relying on a date. This page is not legal advice.
Recurring obligations
| Deadline | Action required | Applies to | Source instrument |
|---|---|---|---|
| No later than 31 January each year | File the annual compliance return with the Commission. | approved funds, incubator funds | Securities and Investment Business (Incubator and Approved Funds) Regulations (Revised 2020) |
| On or before 31 January annually | File the Trust and Corporate Services Provider Annual Return (Schedule 3) with the FSC for the preceding year (reporting period 1 January to 31 December). | Class I Trust licensees, Class II Trust licensees, Class III licensees, Class IV Trust licensees, Class V licensees, Company Management Act section 4(3) licensees, Restricted Class II Trust licensees, Restricted Class III licensees | Financial Services (Prudential and Statistical Returns) (Amendment) Order, 2025 |
| On or before 31 January each year | Pay the annual renewal fees to the Commission under the Banks and Trust Companies Act, Company Management Act and Financing and Money Services Act. | Class II Trust Licence holders, banks, company managers, money services providers, trust and corporate services providers, trust companies | Financial Services (Fees) Regulations (Revised 2020), Revocation of Licence - LA HOUGUE TRUSTEES LIMITED (2023-02-10) |
| On or before 31 January each year (May–April fiscal-year companies) | File the annual financial return with your registered agent by 31 January where the fiscal year runs May to April. | BVI business companies | BVI Business Companies (Financial Return) Order, 2023 |
| On or before 15 February each year | Pay the annual VIRRGIN Subscription Fee to the Commission (subject to any fee suspension in effect). | VIRRGIN Subscribers | VIRRGIN Subscriber User Agreement |
| On or before 28 February each year | Pay the annual renewal fees to the Commission under the Insurance Act. | Category C licence holders, insurers, segregated portfolio companies (BVI insurer SPCs) | Financial Services (Fees) Regulations (Revised 2020), Segregated Portfolio Companies (Insurance) Regulations, 2018 |
| On or before 31 March each year | Pay the annual renewal fees to the Commission under the Securities and Investment Business Act. | incubator and approved funds, insolvency practitioners, licensees, mutual fund SPCs, mutual funds (public, private and professional), private investment funds, securities and investment business licensees | Financial Services (Fees) Regulations (Revised 2020), Insolvency Practitioners Regulations (Revised 2020), Segregated Portfolio Companies (Mutual Funds) Regulations (Revised 2020), Segregated Portfolio Companies Regulations, 2005 (S.I. 2005 No. 96) |
| On or before 30 April each year | Pay the annual fee of $750 to the BVI Registrar for a limited partnership on the Register as at 31 December. | limited partnerships | Financial Services (Limited Partnership Fees) Regulations (Revised 2020) |
| On or before 31 May each year | Pay the annual fee to the Registry (companies incorporated between 1 January and 30 June). | BVI business companies limited by shares | Incorporating a Company Limited by Shares, User Guide No. 1 (Rev 9/07) |
| On or before 31 May each year (for the preceding calendar year) | Submit the required account reporting information for the preceding calendar year to the Competent Authority. | Financial Institutions | Mutual Legal Assistance (Tax Matters) (No. 2) Order, 2015 |
| On or before 30 June each year | Submit the Agency's annual report to the Board. | Director of the Financial Investigation Agency, mutual funds, registered agents | Financial Investigation Agency Act (Revised Edition 2020), Beneficial Ownership Secure Search System (Fees) Regulations (Revised 2020), Financial Services (Prudential and Statistical Returns) Order (Revised 2020) |
| No later than 31 July and 31 January each year | File the incubator fund semi-annual report with the Commission for the periods ending 30 June and 31 December. | incubator funds | Securities and Investment Business (Incubator and Approved Funds) Regulations (Revised 2020) |
| On or before 30 September each year (calendar-year companies) | File the annual financial return with your registered agent by 30 September following a calendar financial year end. | BVI business companies | BVI Business Companies (Financial Return) Order, 2023 |
| On or before 30 November each year | Pay the annual fee to the Registry (companies incorporated between 1 July and 31 December). | BVI business companies limited by shares | Incorporating a Company Limited by Shares, User Guide No. 1 (Rev 9/07) |
| On or before 30 November each year (March–February fiscal-year companies) | File the annual financial return with your registered agent by 30 November where the fiscal year runs March to February. | BVI business companies | BVI Business Companies (Financial Return) Order, 2023 |
| Annually, before expiration of each of the 4th through 13th years from the date of the patent | Pay the applicable annual renewal fee ($38.40 to $76.80) to keep the patent in force, in lieu of the 4-year/7-year lump-sum fees. | patent holders | Patents (Fees) Regulations (Revised 2013) |
| Before the expiration of 4 years from the date of the patent | Pay the $192.00 renewal fee (or opt into the annual fee scheme) to keep the patent in force. | patent holders | Patents (Fees) Regulations (Revised 2013) |
| Before the expiration of 7 years from the date of the patent | Pay the further $384.00 renewal fee to keep the patent in force. | patent holders | Patents (Fees) Regulations (Revised 2013) |
| By the date annual fees are due under the BVI Business Companies Act | Pay the annual fee of US$450 for the company plus US$400 for each segregated portfolio to the BVI Financial Services Commission. | BVI business company SPCs (segregated portfolio companies) | Segregated Portfolio Companies (BVI Business Company) (Amendment) Regulations, 2018 |
| Each year on the anniversary of registration | Pay the annual trade mark agent registration renewal fee to the Commission on the anniversary of registration. | trade mark agents | Trade Mark Agent Guidelines |
| Each year when annual licence fees become payable | Submit the annual return to the Commission in the required form and content. | insolvency practitioners, licensees under the Insolvency Act | Insolvency Code of Practice (Revised 2020) |
| No later than one month after the certificate expires | Apply to the Board through the Registrar to renew the certificate of registration. | non-profit organisations | Non-Profit Organisations Act, 2012 |
| On or before the 14th business day of the month following each quarter | File a statement of the insurer's domestic liabilities with the Commission and the Trustee. | licensed insurers (specified foreign insurers) | Approved Form of the Domestic Business Trust Deed (30 July 2013) |
| On or before the 14th day of each calendar month (or next business day) | File a statement of trust fund assets and their valuation basis with the Commission and the company. | trustees holding a Class I trust licence | Approved Form of the Domestic Business Trust Deed (30 July 2013) |
| On or before the 28th day following the last day of each calendar quarter | Submit a return to the Commission listing syndicates that insured a Virgin Islands risk or carried on Virgin Islands insurance business in the previous quarter. | Lloyd's members and syndicates | Insurance Regulations (Revised 2020) |
| On or before the anniversary of incorporation or registration | Pay the annual fee for the SPC and each existing segregated portfolio to the Commission. | BVI business company segregated portfolio companies (SPCs) | Segregated Portfolio Companies (BVI Business Company) Regulations, 2018 (SI 2018 No. 6) |
| On or before the last day of the month following the end of each quarter | File the bank prudential return with the FSC. | banks | Financial Services (Prudential and Statistical Returns) Order (Revised 2020) |
| Within 1 month of financial year end | Submit the director's declaration, unaudited financial statements or management accounts, and details of claim payments or asset disposals to the Commission to retain the exemption. | banks and trust companies, company managers, financing and money services licensees, insurers (including Category A, Category D and Captive insurers), securities and investment business licensees | Exemption Guidelines for Licensees in Run-off, Solvent Liquidation or Insolvent Liquidation |
| Within 14 days after the end of each quarter | Submit to the Commission the quarterly list of funds and licensed entities served by the Authorised Representative. | Authorised Representatives (individuals, VI partnerships, BVI business companies) | Guidelines for Authorised Representatives Under the Securities and Investment Business Act (September 2013) |
| Within 15 days after the end of each calendar quarter | Pay the collected money services transaction levy to the Commission, accompanied by a completed Form FMS-1 transaction levy report. | Class A licensees under the Financing and Money Services Act, 2009, money services businesses | Money Services Transaction Levy Payment Guidance |
| Within 15 days after the end of each quarter | File the Prudential Return for Banks (Schedule 2) with the Financial Services Commission. | banks | Financial Services (Prudential and Statistical Returns) (Amendment) Order, 2021 |
| Within 3 months of financial year end | Submit financial statements or an exemption application to the FSC within 3 months of the financial year end. | public funds (that conducted business during the financial year) | Fund Financials Guidelines 2019 |
| Within 6 months of financial year end | File audited financial statements with the Commission. | approved funds, incubator funds, mutual fund SPCs, mutual funds, private funds, private investment funds, professional funds, public funds (that never commenced business) | Segregated Portfolio Companies Regulations, 2005 (S.I. 2005 No. 96), Fund Financials Guidelines 2019, Private Investment Funds Regime Guidelines 2019, Administrative Penalty $8,150.00 - THE GALILEO FUND LTD. (2016-06-10) |
| Within 6 months of financial year end (extendable up to 15 months in aggregate with Commission approval) | File the PIF's audited financial statements with the Commission. | auditors, private investment funds | Private Investment Funds Regulations (Revised 2020) |
| Within 6 months of financial year end (extendable up to 15 months in aggregate) | File audited financial statements with the Commission within 6 months of the financial year end. | recognised foreign funds | Mutual Funds (Foreign Funds) Regulations (Revised 2020) |
| Within 6 months of financial year end (extendable up to 15 months) | File audited financial statements with the Commission within 6 months of financial year end. | private funds, professional funds | Mutual Funds Regulations (Revised 2020) |
| Within 6 months of the end of the financial period | Enter prescribed beneficial ownership information onto the RA database. | registered agents | Beneficial Ownership Secure Search System (Fees) Regulations (Revised 2020) |
| Within 6 months of the end of the reporting period | Submit the completed Mutual Fund Annual Return to the BVI Financial Services Commission. | mutual funds, private funds, professional funds, public funds | Guidance Notes on Mutual Fund Annual Returns (Mutual Funds Act, 1996) |
| Within 9 months after the end of each year | File the annual financial return with the company's registered agent under section 98A. | BVI business companies | BVI Business Companies (Amendment) Act, 2022 (No. 6 of 2022) |
| Within one month after the end of each calendar year | File the Fiduciary Services Business Annual Return (Schedule 3) with the Financial Services Commission. | Class I Trust licensees, Class II Trust licensees, Class III licensees, Class IV Trust licensees, Class V licensees, Company Management Act section 4(3) licensees, Restricted Class II Trust licensees, Restricted Class III licensees, company managers, trust companies (Class I-V and Restricted Class II/III) | Financial Services (Prudential and Statistical Returns) (Amendment) Order, 2021, Financial Services (Prudential and Statistical Returns) (Amendment) Order, 2025 |