BVI-holding met SPV's voor uw bezittingen
Waarom u elk bezit in een eigen kleine vennootschap (een 'SPV') onder één BVI-holding onderbrengt, welke lichtere substance-toets geldt voor vennootschappen die alleen aandelen houden, en wat de wijzigingen van 2025 over wie de namen van de eigenaren mag inzien voor u betekenen.
Each asset sits in its own company, so a problem with one can't spread to the others, and an asset can be sold by handing over the company's shares.
- Income up
- Rent, dividends and interest flow up to the holding company. The BVI charges no corporate income tax, capital gains tax or withholding tax.
- Exit by share transfer
- Selling the SPV's shares instead of the asset itself can skip local property-transfer steps — but only where the asset's country doesn't tax that kind of indirect sale.
- Reporting
- Yearly substance filings through the BVI's BOSS system, plus filings naming the real owners, and FATCA/CRS tax-reporting classification (usually as a 'passive NFE').
- Risk containment
- Someone owed money by one SPV can reach that SPV's asset, not the whole family's wealth.
The point is keeping things separate, not tax
A BVI company doesn't cut the tax you pay where the asset is or where you live. What it does is keep things apart: a tenant who stops paying, a building dispute or a margin call in one SPV can't reach the others. It also makes ownership easy to pass on, because shares change hands more easily than property titles.
That's a genuine business reason, and it's the reason you'll need to explain if the tax office in the asset's country asks why the company exists.
Substance: two different tests
A BVI company that only owns shares gets a lighter 'substance' test (substance means proving the company really operates in the BVI). It has to keep up its filings and have adequate staff and premises for holding shares. In practice, a licensed registered agent usually covers that.
But once the same company lends to group companies, licenses intellectual property, provides head-office services or leases assets, it's doing a 'relevant activity' and faces the full test: the main money-making work done in the BVI, with enough spending, premises and qualified people there. Groups drift into this by accident when the holding company starts lending to its own subsidiaries.
Who can see the owners now
The BVI has moved away from a fully closed register of owners. A June 2025 policy, followed by SI No. 63 of 2025, lets people with a legitimate interest ask to see it. That's narrower than a public register, but much wider than before. The details are still being rolled out, so check exactly who can search, with what evidence and at what cost when you file.
What it means for planning is simple. Assume a regulator, a court, a bank or a journalist with a good reason can find out who owns the company. Anything that only works if nobody knows is fragile.
The layer most people forget
When an SPV holds property, the property itself is often owned by a company in the country where it sits, with the BVI SPV above it. Many countries tax the sale of shares in a company whose value comes from local land, and several charge a yearly tax on homes owned by companies. The BVI layer handles passing assets on and keeping them separate; the local layer decides the tax.
- The holding company starting to lend money or hold IP, and quietly falling under the full substance test.
- Missing the yearly BOSS filings, leading to fines and eventually the company being struck off — which is painful to undo.
- Plans that rely on nobody knowing who the owner is, overtaken by the 2025 access changes.
- Ignoring the tax the asset's country charges on indirect sales when planning to sell shares instead of the asset.
- Getting the FATCA/CRS tax-reporting classification wrong: most of these companies are 'passive NFEs', which means their real owners get reported.
- No written business reason for the structure, leaving it open to a general anti-avoidance challenge.
Voorbeelden uit de praktijk
Een SOPARFI is een Luxemburgse vennootschap die uw andere bedrijven bezit. Deze gids laat zien waar zij in de structuur staat, waarom één vrijstelling de belangrijkste reden is om haar te gebruiken, en aan welke voorwaarden moet worden voldaan om te bepalen of de verkoop van een Europees bedrijf wel of niet wordt belast.
Hoe een bedrijf in een vrije zone in de VAE (DIFC, ADGM, DMCC) onder een Emiratische holdingvennootschap of stichting past, wat er nodig is om het 0%-tarief te krijgen (als 'Qualifying Free Zone Person') en hoe groepen dat tarief kwijtraken.
Een master-feederstructuur ligt onder veel beleggingsfondsen: beleggers storten geld in een van twee 'feeder'-fondsen, die beide beleggen in één 'master'-fonds dat de transacties uitvoert. Hier leest u waarom er twee feeders zijn, wat het masterfonds doet, waar de beheerder gevestigd is en welke vennootschap op de Kaaimaneilanden echte activiteit moet kunnen aantonen.