Lowtax Network

Back To Top

Your Lowtax Account

BVI To Overhaul Work Permit Fee System

by Jason Gorringe, Lowtax.net, London
02 January, 2017

The Government of the British Virgin Islands is moving ahead with its 2016 Budget plans to revise work permit fees.

It is intended to roll out an amended work permit fee structure with effect from April 2017, replacing the current fee structure that has been in place since 1981.

The revision of work permit fees is part of the territory's reform of immigration and labor laws, detailed in the islands' 10-point inward investment promotion strategy known as "BVI Forward".

Over the past year, the Financial Services Implementation Unit, tasked with implementing BVI Forward, has been working closely with the Departments of Labour and Immigration to streamline the work permit process to achieve greater efficiency and eliminate duplication.


See all of today's news


 

News Archive

Event Listings

Listings for the leading worldwide conferences and events in accounting, investment, banking and finance, transfer pricing, corporate taxation and more...
See Event Listings »