BVI definition

BVI means the British Virgin Islands.

Examples of BVI in a sentence

  • He has appeared in the courts of Hong Kong, the BVI, Bermuda, Cayman and Nevis, and has been involved in litigation in Jersey, Guernsey and Gibraltar.

  • In our opinion, the Financial Statements: give a true and fair view of the state of the Group’s affairs as at 30 June 2021 and of its loss for the period then ended; have been properly prepared in accordance with IFRS; and have been prepared in accordance with the BVI Business Company Act 2004, as amended.

  • As a result, BoardWare Macau became an indirect wholly-owned subsidiary of our Company through BoardWare BVI (I) and BoardWare BVI (II).

  • Pursuant to the rules and regulations of the Cayman Islands and the British Virgin Islands (“BVI”), the Group is not subject to any income tax in the Cayman Islands and the BVI.

  • We own 50% of the voting rights and 43.5% of the equity rights of Ocean Conversion (BVI) Ltd.


More Definitions of BVI

BVI. ’ means the British Virgin Islands
BVI. British Virgin Islands; “Certificate(s)” certificate(s) representing the Bonds;
BVI the British Virgin Islands “Company” NetDragon Websoft Holdings Limited, an exempted company incorporated in the Cayman Islands with limited liability, and the issued Shares of which are listed on the Stock Exchange “Director(s)” the director(s) of the Company “Existing Tenancy Agreement” a tenancy agreement dated 20 January 2015 and entered into between NetDragon (Fujian) and Fuzhou 851 in relation to the 851 Building “Fuzhou 851” Fuzhou Yangzhenhua 851 Bio-Engineering Research Inc. (福州楊振華 851 生物工程技術研究開發有限公司), a sino-foreign equity joint venture enterprise established in the PRC, and whose equity interest in the registered capital is owned as to approximately 12.63% and 87.37% by DJM Holding Ltd., a substantial shareholder of the Company and Liu Dejian, an executive Director, respectively and is a connected person of the Company under the Listing Rules “Glory More” Glory More Limited, a company incorporated in Hong Kong with limited liability on 31 January 2008 which is wholly and beneficially owned by NetDragon (BVI) “Group” the Company, its subsidiaries and such entities which are considered as subsidiaries of the Company under the applicable accounting standard and policyHK$Hong Kong dollars, the lawful currency of Hong Kong “Hong Kong” the Hong Kong Special Administrative Region of the PRC “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange “NetDragon (BVI)” NetDragon Websoft Inc., a company incorporated in BVI on 8 January 2003, which is wholly and beneficially owned by the Company “NetDragon (Fujian)” Fujian NetDragon Websoft Co., Ltd. (福建網龍計算機 網絡信息技術有限公司), a company established in the PRC with limited liability on 25 May 1999, and through the Structure Contracts, TQ Digital and TQ Online are able to control NetDragon (Fujian) and accordingly, is regarded as a subsidiary of the Company “PRC” the People’s Republic of China (for the purpose of this announcement, excluding Hong Kong, the Macau Special Administrative Region of the PRC and Taiwan) “Recreation Centre Agreement” the recreation centre service agreement entered into between Fuzhou 851 and TQ Digital on 24 April 2015, details of which are set out in the announcement of the Company dated 24 April 2015 “Renewal Tenancy Agreement” a renewal tenancy agreement dated 19 January 2018 and entered into between NetDragon (Fujian) and Fuzhou 851 in relation to the 851 New Building and the 851 Building “RMB” Reminbi, the lawful currency of the PRC “Share(s)” the ordina...