ROAD TOWN, British Virgin Islands — Business activity in the British Virgin Islands is showing continued momentum, with new company incorporations increasing by 13.8% in 2025 and recording another 9.7% increase during the first quarter of 2026.

The figures were highlighted by the BVI Government as evidence that international businesses continue to see value in the territory despite increased global scrutiny of offshore financial centres.

The growth comes as the government works to modernise the BVI's investment framework and strengthen its position as an international financial centre.

Authorities are advancing a revised Investment Act and plans for a dedicated Trade and Investment Promotion Agency, intended to provide a more streamlined service for local and international investors.

The proposed reforms are expected to support investment promotion, improve coordination and make it easier for businesses to navigate government processes.

The financial services sector remains central to the territory's economy, while officials are also promoting diversification through entrepreneurship, tourism, marine services, agriculture and other areas.

The government has also been working to strengthen compliance and modernise business-related administrative systems.

For the BVI's business community, the continued increase in incorporations provides an important signal of international demand for the territory's corporate and financial-services infrastructure.

Officials say the objective is to ensure that this international activity translates into wider opportunities for Virgin Islanders through investment, employment, entrepreneurship and economic diversification.

With investment reforms moving forward, the coming months could be important for determining whether the current growth in business registrations develops into increased local investment and broader economic activity.