You’re raising a fund with digital assets in scope, out of the British Virgin Islands. Structure and licensing move together, not one after the other.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Decide who is allowed to invest before you decide anything else
Incubator, approved, private or professional fund. Each carries different investor limits, and the choice sets both your costs and your timeline.
What to work through, in order
Investor class and disclosure
Incubator and approved funds carry investor number and asset caps in exchange for a light regime. Private and professional funds lift the caps but bring recognition requirements and audited accounts.
The licensing route
The Approved Manager regime offers a light-touch route for managers below prescribed thresholds, with full investment business licensing above them. The threshold usually decides the route.
Where the vehicle sits
A BVI limited partnership or company, commonly paired with a Delaware or Cayman feeder depending on the investor base. Economic substance requirements apply to relevant activities.
Next steps
What happens if you go ahead
Scoping call
Written scope and fixed-fee quote
Engagement, once a lawyer confirms
Who would handle it
Offices
New York
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San Francisco
28 Geary Street, Suite 625 #133, San Francisco CA 94108