>Seychelles do not have double taxation agreements with other countries, hence
< >information must not be shared with international business authorities.
< >There is no universal way of establishing an offshore entity -
< >each business situation needs the individual configuration
< >of an offshore company. If properly organized,
< >Gibraltar offshore company allows to improve business efficiency, to get
< >substantial tax benefits, to reduce costs and maintain confidentiality.
< >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.
< >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.