>Seychelles is one of the most progressive offshore centres and one of
< >the best tax havens providing investors all the benefits of
< >tax exempt status, confidentiality and company law flexibility
< >in a completely stable economic and political environment.
< >Seychelles IBC's are incorporated under the
< >International Business Companies Act 1994, which enables for
< >the formation of offshore companies
< >with minimal compliance requirements and high confidentiality standards.
< >Obvious advantages of offshore company formation in Seychelles are
< >tax efficiency, full exemption from income tax, withholding tax,
< >capital gains tax, inheritance or corporation tax, minimal compliance
< >requirements, confidentiality and absence of foreign exchange control.
< >British Virgin Islands (BVI) is the most popular offshore jurisdiction
< >in the world for International Business Companies (IBC's).
< >BVI is a major international financial centre with offshore industry
< strongly supported by the government.