How to be a dutiful director: a refresher on BVI director duties, risk and mitigation

“When I grow up, I still want to be a director.” – Stephen Spielberg

The esteemed Mr. Spielberg was (probably) talking about a different type of director, but being a director of a British Virgin Islands company is not the daunting task it may first appear. Acting as a director of any company, anywhere in the world, is not a task that should be taken lightly but the duties of a director of a BVI company are, as we will try to show below, relatively easy to understand and reasonably easy for prudent directors to comply with.

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