>The Gibraltar Non Resident company is practical and cost efficient
< >type of company for offshore international business activities.
< >It is an excellent alternative to the Irish non-resident company
< >which was very popular as offshore vehicle until 1999.
< >Company setting in Seychelles may take from one to five days, which is
< >one of the shortest terms for offshore company incorporation.
< >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.
< >Seychelles Special License Company is a new entity regulated by the
< >Companies (Special Licenses) Act 2003, with the status of a low-tax company
< >and using all the benefits of double tax avoidance treaties
< >that are not accessible for Seychelles IBC's.
< >The BVI offshore IBC formation legislation was implemented in 1984
< >and is constantly developed according to the demands and
< requirements of international offshore community.