>BVI is a major international financial centre with offshore industry
< >strongly supported by the government.
< >The BVI offshore IBC formation legislation was implemented in 1984
< >and is constantly developed according to the demands and
< >requirements of international 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.
< >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.