2019 US Virgin Islands Code
Title 13 - Corporations and Associations
Chapter 1 - General Corporation Law
Subchapter XIII - Annual Reports to Be Filed by Domestic and Foreign Corporations
§ 371. Domestic corporations; annual reports

  • (a) Every corporation created under the laws of the United States Virgin Islands shall file annually in the office of the Lieutenant Governor, a report authenticated by the signature of the president or the vice-president and of the treasurer or the assistant treasurer. The report shall contain—

    • (1) a true and exact statement of the amount of the corporation's capital which is used in conducting business within the United States Virgin Islands;

    • (2) a true and exact general balance sheet showing the financial condition of the corporation at the close of its last fiscal year;

    • (3) a profit and loss statement for the last fiscal year of the corporation; and

    • (4) such other information relating thereto as may be required by the Lieutenant Governor.

      There shall be included in the report a list of the names and addresses of all the directors and officers of the corporation and the expiration of their terms of office. The reporting requirements of paragraphs (2) and (3) of this subsection shall not apply to a VIFSC as defined in chapter 12 of this title.
  • (b) Every corporation required to file an annual report pursuant to this section shall submit such report as prescribed by the provisions of section 531(b) of this title.

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