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[var.mega_tests]
| > British Virgin Islands (BVI) is the most popular offshore jurisdiction
< > in the world for International Business Companies (IBC's).
< > BVI International Business Companies provide
< > the strong combination of high flexibility and
< > the unquestioned confidentiality that allowed them to become
< > the most popular and widely used type of offshore company.
< > 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.
< > The International Business Company is a corporate formation
< > with limited liability, conducting no business in the BVI,
< > fully exempt from the BVI income taxes and
< > only paying annual nominal fee to the government.
< > Seychelles offshore IBC stays asolutely tax-free if not carrying on business
< > in Seychelles. Other rules for Seychelles offshore companies are not to own
< real estate in Seychelles and not to conduct banking and insurance operations.
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