Lieutenant Governor Gregory R. Francis is again encouraging and reminding corporate citizens to satisfy the franchise tax and annual filing requirements of Titles 13 and 26 of the Virgin Islands Code which requires every registered corporation (domestic or foreign) to pay a franchise tax to the Office of the Lieutenant Governor on or before June 30th of every year. Checks and money orders must be made payable to the Government of the Virgin Islands.

Failure to comply with the annual requirements will result in the assessment of penalties and interest or even administrative/involuntary dissolution.

For more information, please contact the Office of the Lieutenant Governor’s Division of Corporations and Trademarks at 773-6449 on St. Croix or 776-8515 on St. Thomas.

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