>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.
< >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 offshore IBC formation legislation was implemented in 1984
< >and is constantly developed according to the demands and
< >requirements of international offshore community.
< >Personal privacy of any shareholder or director is well protected as their names
< >do not appear in any BVI incorporation documents and public records.
< >In their turn, shareholders and directors
< >are ensuring confidentiality of beneficiary owners.
< >BVI offshore sector includes International Business Company,
< Limited Partnership and Trust, all of them not liable to any taxes.