Country pack
communityBritish Virgin Islands
Ekwo is free, open source accounting software. Its British Virgin Islands pack carries the chart of accounts (British Virgin Islands reference chart of accounts, 107 accounts), 1 tax rates in USD, and the financial statements (Balance sheet (statement of financial position), Income statement). Last checked on 2026-10-10 against 8 texts of law and official sources.
- Country code
VG- Currency
USD- Pack version
0.1.0- Last checked
- 2026-10-10
What the pack carries
- Charts of accountsWhat a company installs, and who each chart is published for.
default(default) — 107 accounts, for companies
- TaxesHow many the pack carries, at which distinct rates, and which treatments it can express.
- 2 taxes at rates of 0
not_subject - Periodic declarationThe form the accounts are read into, the cadences it is filed on, and how many boxes it has.
- no periodic return declared
- When it is dueA rule of the country, not a date. A pack that cannot state its rule states nothing.
- no declaration to be due
- The file it is deposited asThe brick of packages/formats that writes it, where one exists.
- no declaration to deposit
- Electronic invoicingThe profile the country imposes, the day it starts, and the text that imposes it.
- no profile — no obligation in law
No Virgin Islands statute found by this pack obliges a business to issue or accept an electronic invoice, and no Peppol Authority for the territory appeared in the OpenPeppol authority lists as retrieved on 2026-10-10 (partial snippets; a few BVI-registered participants do appear in the Peppol Directory, which does not imply a local authority or mandate). `profile`, `party_scheme` and `vat_scheme` are therefore null: there is no domestic profile to name and no VAT identifier to carry, since no value added tax is levied. Taxpayers do file payroll tax, self-drive motor vehicle tax and hotel accommodation tax returns electronically through the Inland Revenue Department's tax system since 1 December 2023 (Orbitax), but those are periodic returns, not invoices.
- Where the tax balance landsThe accounts a filed declaration settles to, by role.
- payable no account named
- receivable no account named
- Bank statementsThe formats this country’s banks send, and whether anything here reads them.
- no format named
- Payment filesThe formats the country’s banks accept for an outgoing payment.
- no format named
- Financial statementsThe schemes the chart reports on, and the taxonomy their keys are written against.
VG-FR-BS— 22 linesVG-FR-IS— 10 lines
- Who has read itA pack is reviewed when a named professional has read it against the law, and never before.
communityno named reviewer8 sources cited- Last checked against the lawThe most recent day somebody opened one of the texts the pack was built from.
- 2026-10-10
- Pack versionWhat this pack calls itself, the day it says its transcription is true, and the languages it publishes.
0.1.0— published 2026-10-10en
Free, and operated
Where the open core stops.
The line is operational, not functional. Everything that keeps working on its own is open core; what needs credentials, a certificate or a channel somebody keeps running is the hosted edition.
What it was built from
8 sources — the law this pack was read against
- Inland Revenue Department
Government of the Virgin Islands · guidance · read 2026-10-10
- Laws of the Virgin Islands (statute index: BVI Business Companies Act 2004, Payroll Taxes Act 2004, Income Tax Act)
Government of the Virgin Islands · law · read 2026-10-10
- BVI Business Companies Requirements for New Annual Returns
Maples Group · guidance · read 2026-10-10
- BVI Business Companies — Financial reporting rules
Mourant · guidance · read 2026-10-10
- Preparing and filing an annual return in the BVI
Vistra · guidance · read 2026-10-10
- British Virgin Islands Highlights 2025
Deloitte · guidance · read 2026-10-10
- British Virgin Islands Requires Electronic Filing Using New Tax System from December 2023
Orbitax · guidance · read 2026-10-10
- Tax administration system — online tax registration (eregisterfortax.gov.vg)
Inland Revenue Department, Government of the Virgin Islands · portal · read 2026-10-10
Partners
Join the Ekwo partners in British Virgin Islands
Accounting firms, consultants and digital experts are joining now. Listing is free.
Your company in British Virgin Islands, on Ekwo.
Create an Ekwo Cloud account and start today, or run Ekwo OS on your own project in one command.