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The directors can approve a plan of arrangement (a ?Plan?), if they determine that doing so is in the best interests of the company or its Interested Parties. Once the Plan has been approved by the directors, the company must apply to the Court for it to approve the proposed Plan.
The "twin pillars" of the economy are tourism and financial services.
The British Virgin Islands are a British Overseas territory consisting of four larger islands (Tortola, Anegada, Virgin Gorda, and Jost Van Dyke), while the U.S. Virgin Islands are a territory of the United States consisting of three larger islands (St. Croix, St. John, and St.
The British Virgin Islands are a British Overseas Territory located in the northeastern Caribbean. They consist of some 50 islands, cays, rocky formations, and islets, with a total surface area of 59.3 mi.
The territory operates as a parliamentary democracy. Ultimate executive authority in the British Virgin Islands is vested in the King, and is exercised on his behalf by the Governor of the British Virgin Islands. The governor is appointed by the King on the advice of the British Government.
The Virgin Islands, commonly referred to as the British Virgin Islands (BVI), is a British overseas territory located in the Caribbean to the east of Puerto Rico.
If you are a British national, you may well be wondering if British citizens have the right to move to the British Virgin Islands. While you can certainly move, you will not immediately become a citizen of the British Virgin Islands. Like other foreigners, you will be required to request long-term permission to stay.
The primary language spoken in the BVIs is English; the English-based Virgin Islands Creole, and Spanish, with English as the national and official language.