Business Basics VI

22/11/2025

Good news!

The USVI Government has announced a 90-day Tax Amnesty Program for taxpayers with outstanding income tax, gross receipts tax, and property tax balances.

📌 Business & Personal Income & Gross Receipts Tax Amnesty
November 17, 2025 – February 17, 2026
Covers all delinquent periods through tax year 2023.
Under this program, taxpayers pay only the outstanding tax owed — all interest and penalties are fully waived.

📌 Property Tax Amnesty
November 24, 2025 – February 21, 2026
If the full amount of property tax for any tax year is paid, all penalties and interest will be waived.
(Please note: Any active installment plans must be cancelled before taking advantage of the amnesty.)

📞 Need Balance Information?
• Income & Gross Receipts Tax:
USVI BIR – Delinquent Accounts & Returns Branch
340-715-1040
• Property Tax Balances:
View online via the Citizen Access Portal at propertytax.vi.gov
or call the Office of the Tax Collector:
o St. Croix: 340-773-6449
o St. Thomas/St. John: 340-774-2991

💼 Need Assistance?
Business Basics VI can help you understand your options and take advantage of this amnesty opportunity.
Contact us at 340-776-8812 or [email protected].

22/11/2025

LIEUTENANT GOVERNOR ROACH ANNOUNCES
WAIVER OF ALL INTEREST AND PENALTIES ON REAL PROPERTY TAX

Lieutenant Governor Tregenza A. Roach, Esq. informs the public that he has authorized the Office of the Tax Collector of the Virgin Islands to grant an amnesty by waiving all interest and penalties on real property taxes for a two-month period. This mandate is pursuant to Act No. 9050, establishing a 90-day period for the waiver of penalties and interest on outstanding property taxes.

The waiver is effective November 24, 2025 and will continue until February 21, 2026. Interest and penalties will be waived if payment is received in the full amount of property taxes due for any tax year and will be applied once the tax year is paid in full prior to the last day of the Amnesty.

Customers that currently have active installment payment plans for the payment of delinquent property taxes must first contact the Office of the Tax Collector to cancel their installment payment plan to access the Amnesty. A property owner may not have an installment payment plan and the Amnesty feature at the same time.

Property owners are encouraged to access the Citizen Access Portal at https://propertytax.vi.gov or contact the Office of the Tax Collector to obtain tax status reports, which provides detail of taxes, sewer fees, interest, and penalties. Persons having any questions or needing additional information may contact the Office of the Tax Collector at 340-773-6449 for the St. Croix District or 340-774-2991 for the St. Thomas/St. John District.

14/07/2022

ATTENTION: Department of Licensing and Consumer Affairs (DLCA) is offering up to a 70% reduction of penalties through the end of July.

Call or email Business Basics VI if you need assistance renewing a delinquent business license in the USVI 340-776-8812 / [email protected].

11/05/2022

Now hiring for a full-time Operations Assistant.

Business Basics VI has been a leading provider of corporate services in the USVI for almost a decade. Located on the island of St. Thomas, we specialize in business formation, licensing, tax and corporate compliance, and work closely with our affiliates and the local government to meet our clients’ needs. We are seeking a self-directed, motivated individual to join our team and grow with us.

Responsibilities: Day-to-day business operations and administrative duties including accounting, invoicing, and data tracking/organization. Other responsibilities to include client relations, managing client projects and team support services. Candidate will also play a direct role in completing client projects with a focus on business filings, corporate compliance and governance.

Compensation: $40,000 - $50,000 starting salary based on experience, with opportunities for advancement. Successful candidate will be immediately eligible for benefits upon employment. Benefits include 401K (3% match after six months) and insurance plans for health, vision, life, medical air evacuation, and disability.

Required Skills and Abilities:
• Excellent communication, problem-solving, and organizational skills.
• Proficiency in Microsoft Office suite.
• Strong attention to detail.
• Ability to multi-task and independently handle a high volume of assignments in a fast-paced environment.
• Ability to work cooperatively with team members, clients, and other stakeholders.
• Experience with Quickbooks preferred.

Please send resumes to [email protected].

27/04/2022

DPNR Offering Five Grants Worth Up to $10,000 Each to Active Members of Recreational Boating Industry

27/05/2020

Department of Health Guidance to Reopen Restaurants and Bars Effective May 26, 2020

09/05/2018

20/04/2018

http://createsend.com/t/d-5EEFEEE7D1E3AAB82540EF23F30FEDED

This is a friendly reminder that all companies formed or registered in the USVI are required to file an Annual Report and pay Franchise Tax to the Office of the Lt. Governor by June 30th each year.

28/11/2017

In the wake of the hurricanes, this we encourage you to support the USVI recovery. There are many wonderful organizations, including Virgin Islands Marine Rebuild Fund, Bloomberg USVI Recovery, Community Foundation of the Virgin Islands, and more.

23/11/2017

Wishing everyone a happy Thanksgiving and a great weekend!

04/10/2017

Until local phone services is operating in the USVI please contact us at the following temporary number 917-768-0807 or by email at [email protected].

26/09/2017

The U.S. Small Business Administration is providing disaster assistance to the residence of the U.S. Virgin Islands who are affected by hurricanes Irma and Maria.

The filing deadline to submit applications for physical property damage is Nov. 6, 2017. The deadline for economic injury applications is June 7, 2018.

Businesses and nonprofits can apply for up to $2 million to repair or replace disaster damaged real estate, machinery, equipment, inventory, and other business assets. Loans for working capital, known as Economic Injury Disaster Loans, are available even if the business did not suffer any physical damage. Homeowners can apply for up to $200,000 to repair or replace disaster damaged real estate. Homeowners and renters can apply for up to $40,000 to repair or replace damaged personal property including automobiles.

Interest rates are as low as 3.305 percent for businesses, 2.5 percent for private nonprofit organizations, and 1.75 percent for homeowners and renters, with terms up to 30 years. The SBA customizes loan amounts and terms based on each applicant's circumstances.

Applicants may be eligible for a loan amount increase up to 20 percent of their physical damages, as verified by the SBA for mitigation purposes. Eligible mitigation improvements may now include a safe room or storm shelter to help protect property and occupants from future damage caused by a similar disaster.

To be considered for all forms of disaster assistance, applicants should register online at www.DisasterAssistance.gov or by mobile device at m.fema.gov. If online or mobile access is unavailable, applicants should call the FEMA toll-free helpline at 800-621-3362. Those who use 711-Relay or Video Relay Services should call 800-621-3362. (800-462-7585 TTY.

The SBA offers several ways to apply for a disaster loan: online application via SBA's secure website at https://disasterloan.sba.gov/ela; visit a recovery center for one-one-one assistance; or download an application from www.sba.gov/disaster. For more information or to request application forms, call the SBA's Customer Service Center at 800-659-2955 (800-877-8339 for the deaf and hard-of-hearing) or send an email to [email protected] (link sends e-mail). Completed applications should be returned to a recovery center or mailed to: U.S. Small Business Administration, Processing and Disbursement Center, 14925 Kingsport Road, Fort Worth, TX 76155.