>BVI is a major international financial centre with offshore industry
< >strongly supported by the government.
< >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 new BVI Business Companies Act provides full tax exemption
< >to all offshore corporate formations registered there
< >and ensures modern and flexible business environment.
< >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.
< >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.