Harneys BVI Office top ranked by IFLR1000

November 14th, 2018

British Virgin Islands office of Harneys law firm received a top tier ranking from IFLR1000 for both its Corporate and Investment Funds practices, thus remaining the leader in the law services of the jurisdiction.

BVI Managing Partner Colin Riegels has said in his comments: “We are delighted to retain our top tier ranking which is testament to our unmatched knowledge and experience in the BVI. Our clients continue to choose us for our attentive and personal service, the excellence of our work, and for our experience and leadership in the BVI”.

By words of clients, the BVI practice is “very user-friendly and practical in the nature of their advice. All attorneys are responsive and knowledgeable in their respective fields.”

Harneys is the largest and longest-established law firm in the British Virgin Islands, and the only firm with a dedicated investment funds team. It also provides fiduciary services to funds clients through its associated corporate and private wealth services business, Harneys Fiduciary.

Origin Agritech announced establishment of two new joint ventures

October 13th, 2018

Origin Agritech Ltd., BVI-incorporated and China-based agriculture technology and rural e-commerce company, announced the establishment of two new joint ventures – Anhui Aoyu Zhongye Technology Ltd., of which Origin holds 50% of equity, and Xuzhou Aoyu Agricultural Technology Ltd., of which the company holds 51%. Five agricultural product distributors are investing partners in each of these joint ventures.

These two joint ventures, as well as the Hubei Aoyu Agricultural Technology Limited, became the cornerstone of the Origin e-Commune Network, based on the e-commerce technologies and BVI company’s strong brand equity across rural China.

Luxoft Holding launches new platform together with Vantage Power

September 21st, 2018

Luxoft Holding, Inc., global IT service provider having its registered office in the British Virgin Islands, and Vantage Power who designs and manufactures technologies for connection of powertrains in heavy-duty vehicles, launch VPVision, a next-generation fleet performance and diagnostics platform designed to improve performance and reliability of hybrid and electric heavy-duty vehicles.

The VPVision platform is already successfully tested on hybrid London buses, using Amazon Web Sevices (AWS) to help reduce vehicle emissions. It combines in-depth technical knowledge of hybrid and electric powertrain components, including lithium-ion batteries, with cloud based telemetry software. By using AWS Luxoft designed software set that includes remote fault diagnostics, performance optimization, prognostics, geo-fencing and over-the-air software updates.

BVI holding Juvenescence Ltd founded Napa Therapeutics in cooperation with Buck Institute and Insilico Medicine

August 16th, 2018

BVI-registered Juvenescence Ltd, which is focused on ageing research and therapy investments, together with the Buck Institute for Research on Aging and Insilico Medicine have formed Napa Therapeutics, Ltd. – a biotechnology company focused on a novel target linked to one of the fundamental processes of ageing, and developing molecule drugs to address this target.

Napa Therapeutics is based on an innovative research in NAD metabolism conducted in the laboratory of Eric Verdin, President and CEO of the Buck Institute – and independent non-profit institution which is one of the main research centres focused on the problems of ageing and age-related diseases. Napa is a privately held British Virgin Islands company having an office in the Isle of Man.

Insilico Medicine is an artificial intelligence company with offices and resources in the US, Belgium, Russia, the UK, Taiwan and Korea. The Verdin lab will collaborate with Napa Therapeutics and use Insilico’s drug development engine to speed the discovery of new compounds.