>BVI legislation is modern and very flexible, there are more benefits
< >than requirements, this has made it the base for IBC formation legislation
< >in many Caribbean jurisdictions. They consider it to be the ideal model
< >for establishing an international financial centre
< >and attracting the world offshore community.
< >The BVI are a British Overseas Territory, and this provides for the country
< >exceptional political and economical stability and higher standard of living
< >than in most countries of the region. This is
< >an ideal financial and tax planning centre for international business
< >that is seeking less publicity and more confidentiality.
< >The BVI offshore IBC formation legislation was implemented in 1984
< >and is constantly developed according to the demands and
< >requirements of international offshore community.
< >BVI offshore sector includes International Business Company,
< >Limited Partnership and Trust, all of them not liable to any taxes.
< >Company setting in Seychelles may take from one to five days, which is
< one of the shortest terms for offshore company incorporation.