Annual Financial Returns

FURTHER EXTENSION OF TIME FOR INITIAL FILING OF ANNUAL RETURNS – FOR COMPANIES WITH FINANCIAL YEAR ENDS OTHER THAN THE 31 DECEMBER 2023

Portcullis has previously sent out a Notice issued by the BVI Financial Services Commission on 10 December 2024 which granted the extension of time for the filing of the initial annual returns by companies whose financial year is a calendar year. See previous notice here.

The Commission has now, by Notice dated 14 February 2025, granted an extension of 9 months to companies whose financial year is not a calendar year, and were required to file their initial annual returns on or after 1 October 2024.  The extended period of 9 months shall be from the date the annual returns were initially required to be filed.

For example:

If the company’s financial year end is 31 March 2024, its due date would have been 31 December 2024 (a date falling on or after 1 October 2024). With the extension period for this initial filing, the company’s due date would now be 30 September 2025.

A copy of the Notice dated 14 February 2025 is available here.

Any questions or concerns in relation to the Notice may be directed to your Portcullis Relationship Manager or one of our representatives.

REQUIRED ACTION

Notwithstanding the extension of time granted by the Financial Services Commission, we strongly advise companies to attend to the filing of their annual financial return if this has not already been done, to avoid any enforcement action being taken by the Financial Services Commission. A failure to file annual returns can result in significant penalties.

 

年度財務申報書

首次年度申報書提交期限之展延 — 適用於財務年度終了日非為2023年12月31日之公司

承日前通知 貴客戶有關英屬維京群島金融服務委員會 (BVI FSC) 英屬維京群島金融服務委員會 (BVI FSC) 於2024年12月10日發布通知，針對首次提交年度財務申報書之公司提供展延期限，適用於財務年度採曆年制之公司。詳情請點此參閱前次通知。
BVI FSC 於2025年2月14日進一步發布通知，決定對財務年度非採曆年制且原須於2024年10月1日 (含) 以後提交首次年度申報書之公司，亦給予9個月之展延期限。本次9個月展延期間，應自原定提交年度財務申報書之期限起算。

舉例說明：

如公司財務年度終了日為2024年3月31日，則原申報截止日為2024年12月31日(即落在2024年10月1日 (含) 以後)。依據本次展延規定，該公司首次年度申報提交期限得展延至2025年9月30日。

BVI FSC 於2025年2月14日發布之展延通知，可點此查閱詳細規定。

如對本通知內容有任何疑問，敬請聯繫您的保得利關係經理。

後續應行措施

儘管 BVI FSC 給予年度財務申報書提交期限之展延，保得利仍溫馨提醒尚未完成提交 之公司應儘早辦理，以避免因逾期申報而遭受高額罰鍰。