Director of Rawlinson and Hunter (BVI) Limited, Kenneth Morgan.

Some of the attendees of the official opening ceremony of Rawlinson and Hunter Limited's new offices. Photo: Paul's Photo Studio

Rawlinson and Hunter (BVI) Limited has approximately 16 staff members. Photo: Paul's Photo Studio

Mr. Morgan was speaking on October 27, 2011 at a ceremony to mark the opening of Rawlinson and Hunter’s new offices upstairs the Romasco Place, which is also being shared by INTAC Global Investments. Rawlinson and Hunter Limited, a Class 1 licensed trust company and registered agent, accounting firm and insolvency practitioners, has been in the Virgin Islands since the mid 1960’s and in its present form since 1988.

But according to its Director, the long standing existence of the company has not been without its fair share of challenges since the financial services industry is a highly competitive one. “We are also dealing with on-going economic issues around the globe, which impact the willingness of clients to establish in the BVI or indeed elsewhere if they cannot see a prosperous future for their activities.”

Mr. Morgan said, however, that despite the challenges, local trust companies need to stay alert and responsive to clients’ needs, stay with the highest quality of clients and to provide levels of service that would distinguish itself from the others. Noting that the VI remains the world leader in international company incorporations, Mr. Morgan said it was important that the Territory “build upon these relationships and offer the sophisticated tax and estate planning products that would allow the Territory to grow its intellectual capital and expertise. This will in turn broaden the base of business here and allow greater opportunities for business and employment growth.”

On that note Mr. Morgan said Rawlinson and Hunter has been in the VI for many years now and it plans to remain for many more years to play its part in building the strength of the VI’s financial services industry. “This move to new offices will help us move forward, help our staff provide the good service so essential to our business and provide the long term stability we need to allow the growth we all want.”

Among those present at the ceremony were Governor William Boyd McCleary, Bishop Ishmael Charles, the company’s overseas directors Mark Harris (UK), Alan Milgate (Cayman Islands) and Founder of the company back in 1988 Paul Hubbard (Bermuda) and management and staff of Rawlinson and Hunter Limited and INTAC Global Investments.

Rawlinson and Hunter Limited currently has approximately 16 staff locally and was previously located in the Skelton Building before relocating to the Romasco Building owned by Romney Associates.