You’re raising or deploying capital in the British Virgin Islands. The terms you accept now set what the next round is able to look like.
Information, not advice
This page is information, not legal advice about your matter. A retainer begins only when a lawyer confirms it.
Start here
Look past the valuation at the terms that follow you
Preference, consent rights and drag mechanics shape every round after this one, and BVI vehicles are commonly used as the holding company.
What to work through, in order
The terms that compound
Rounds are documented on adapted US or English precedents, with the BVI vehicle sitting as holding company. Preference and drag mechanics are given effect through the articles.
Founder and employee equity
Option schemes are implemented at the holding company level, with employee tax arising where the employee is resident rather than where the company sits.
Investor eligibility and incentives
Offers are made under private placement principles, and the investor’s own jurisdiction governs eligibility. There are no local investor tax incentives.
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
450 Park Avenue, 3rd Floor, New York NY 10022
San Francisco
28 Geary Street, Suite 625 #133, San Francisco CA 94108