BVI Business Companies (Company Names) Regulations (Revised 2020)

Summary

This is a short BVI statutory instrument made under sections 17(1) and 240 of the BVI Business Companies Act, addressing naming requirements for private trust companies (PTCs) incorporated as BVI business companies. It has applied since its original commencement in 2007 and is shown here in its 2020 consolidated (revised) form.

• Naming rule: A BVI limited company that operates as a private trust company must have a name ending with the designation (PTC), placed immediately before one of the permitted company endings specified in section 17(1)(a), (b) or (c) of the BVI Business Companies Act, or a permitted abbreviation of such an ending.

The regulation is narrow in scope, dealing only with this single naming convention for PTCs; it does not impose other substantive obligations beyond correct name formatting on incorporation or renaming.

Key obligations

• A limited company registered as a private trust company must include the designation (PTC) in its name, placed immediately before a permitted ending under section 17(1)(a), (b) or (c) of the BVI Business Companies Act (or a permitted abbreviation of that ending).

Applies to

private trust companies, BVI business companies

Deadlines

• 3 August 2007: Commencement date of the BVI Business Companies (Company Names) Regulations