RSM (British Virgin Islands) Limited establishment

As RSM Cayman Islands are expanding its Corporate Advisory Services practice to the BVI, the new company, RSM (British Virgin Islands) Limited, has been established.

A partner of RSM Cayman Islands, Christopher Stride will lead RSM (British Virgin Islands) Limited. He was the one to establish RSM Cayman Islands in 2002 and will be the one to continue to take part in the Cayman Islands practice. Recently, Christopher Stride has been approved by local regulators as an Insolvency Practitioner in the British Virgin Islands.

In August of 2004, the Insolvency Act 2003 was enacted by the British Virgin Islands to deal with insolvent companies and to supervise insolvency practitioners. As a result, in last 3 years, many quite big law and accounting companies were registered in the BVI. Many corporate vehicles were set up in the BVI, so, the BVI jurisdiction became favourable for expanding the services offered in the Cayman Islands. The company's growth reflects the need for qualified and independent practitioners in the insolvency and forensic accounting sphere.

A team of professionals to work in the BVI and to use complementary resources from Cayman Islands office in order to support our clients has already been selected.