>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.
< >Seychelles offshore shelf companies are previously organized and
< >never used corporations, with registered capital and all the costs paid,
< >which can be purchased for customer's immediate needs, in order
< >to avoid the waiting time for incorporation, or for those clients
< >who wish to operate with long established offshore entity.
< >Seychelles do not have double taxation agreements with other countries, hence
< >information must not be shared with international business authorities.
< >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.
< >The new BVI Business Companies Act provides full tax exemption
< >to all offshore corporate formations registered there
< and ensures modern and flexible business environment.