In the last few decades, the British Virgin Islands has emerged as the world’s largest corporate domicile, with more than one million companies incorporated there since 1984. However, its previous arbitration law, enacted in 1976, was not suited to modern international cross-border arbitration. The passage of the long-anticipated Arbitration Act 2013 looks to correct this imbalance, apart from establishing a new international arbitration centre in the BVI, finds Ranajit Dam