Connecting the Global Dots with ACE - February 2025

We are pleased to share our monthly newsletter to keep our valued readers informed and updated on the exciting developments happening at ACE Global as well as the changes that impact our industry.

Without Further Ado...

ACE TEAM SPOTLIGHT! 🔍

ACE Global is growing! Meet Dina Klemm!

COMPLIANCE SPOTLIGHT! 🔍

Amendments in the British Virgin Islands incorporate a number of significant changes to the BVI Business Companies Act, including introducing requirements on BVI companies and limited partnerships to privately file beneficial ownership information with the BVI Registrar of Corporate Affairs. Certain of these Amendments are to be amplified in BVI Business Companies Regulations to be brought into effect at a later date.

Notable amendments include:

• filing BVI companies registers of members with the Registrar and timing within which such filings must be made
• new filing requirements for registers of members, relating to disclosure of nominee shareholders
• new filing requirements for registers of directors relating to disclosure of licensed professional directors
• introduction of the requirement to privately file beneficial ownership information with the Registrar
• new requirements relating to the discontinuation of companies out of the BVI
• changes to the restoration of struck off and dissolved BVI companies
• new express duty for BVI companies to co-operate with regulators
• new additional enforcement and information gathering powers granted to the Registrar, as well as changes to the penalties regime levied under the BCA

How Can ACE Serve You?

🔍SERVICE SPOTLIGHT🔍

Please check out the

ACE Global Business Services Webpage.  

We are here to help you with all of your Corporate Service needs! Have a question, need a quote, not sure where to start - contact us at orders@aceglobalbiz.com

🔍Global Celebrations🔍

Wishing our global friends all the best as they celebrate the holidays listed below:



February 4th - Sri Lanka - National Day

February 6th - New Zealand - Waitangi Day

February 7th - Grenada - Independence Day

February 11th - Japan - National Foundation Day

February 15th - Serbia - Statehood

February 16th - Lithuania - Independence Day

February 17th - Kosovo - Independence Day

February 18th - Gambia - Independence Day

February 22nd - Saudi Arabia - Founding Day

February 22nd - Saint Lucia - Independence Day

February 23rd - Brunei - National Day

February 23rd - Guyana - Republic Day

February 24th - Estonia - Independence Day

February 25th - Kuwait - National Day

February 27th - Dominican Republic - Independence Day

*Please note that these holidays may mean that

questions or services could be delayed due to closures*

🔍Client Testimonials🔍

"Once again, thank you so much for your great support and assistance with incorporation process. It means a lot for me to see that you and ACE Global Team has been making serious efforts to put everything in line with the Client’s expectations."

January 2025 - Can

We hope you enjoyed this month's newsletter and found value in the information we shared! If you would like additional information included, please email compliance@aceglobalbiz.com

Until next month!

Warmly,

The ACE Global Business Services Team