FRIDAY 09 JULY 2021

H O M E

A B O U T

EVENTS

BVI GLOBAL IMPACT

HARNEYS ADVISES TAIYING GROUP LTD ON ITS ACQUISITION OF CHINA CUSTOMER RELATIONS CENTERS INC BY THE WAY OF BVI STATUTORY MERGER

George Weston

Jessie Xu

Harneys acted as British Virgin Islands counsel to Taiying Group Ltd in relation to the merger between Taiying International Inc. (a BVI incorporated subsidiary of Taiying Group Ltd) and China Customer Relations Centers Inc, effective 6 July 2021. As a result, CCRC is now a wholly-owned subsidiary of Taiying Group Ltd and has ceased to trade publicly on the NASDAQ Stock Market.

CCRC is a leading e-commerce and business services outsourcing specialist in the People’s Republic of China, focusing primarily on complex, voice-based and internet-based segments of customer care services, providing comprehensive outsourcing services for e-commerce platforms, call centres, marketing services, back-office operations and enterprise cloud customer services.

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MESSAGE FROM BVI FINANCE

Dear Colleagues,

In these challenging times of Covid upsurge, BVI Finance is advising industry practitioners to please pay close attention to the Government advisories and protocols and to stay safe and healthy.

The Minister of Health, the Hon. Carvin Malone, has informed the public that the Cabinet has decided that for the next 14 days effective Friday, 9th July 2021, persons are advised to limit their movement and stay at home where possible.   Please note that also effective Friday, 9^th July 2021, a new curfew has been implemented and will run from 7:00 p.m. to 5:00 a.m.

The Government assures the industry that it aims to continue serving the public at the highest standards even at this difficult time.

BVI Finance will continue to keep you updated on developments and ask that you share with us any concerns or suggestions.

We pray and ask God’s blessings and protection over the Virgin Islands and its people.

Best regards,

BVI Finance

HARNEYS ANNOUNCES NEW GLOBAL MANAGING PARTNER

Ross Munro

Peter Tarn

Harneys is pleased to announce that Ross Munro has been appointed as the new Global Managing Partner of Harneys, effective 1 January 2022. Peter Tarn is stepping down after nine successful years as Chairman and will continue practising as a partner in the BVI.

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IN THE NEWS

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Rishi Sunak calls on other G20 countries to finalise global tax deal 

UPCOMING EVENTS

Southern Africa CxO Roundtable

13th July 2021 | 8:00 a.m. (2:00 p.m. SA)

BVI Fintech Training Programme Information Session 2

15th July 2021 | 6:30 p.m.

TAXING TIMES - A Roundtable Discussion on the Impact of a Proposed Global Corporate Minimum Tax

16th July 2021 | 9:00 a.m.

BVI Finance

Road Town, Tortola, BVI

www.bvifinance.vg