| > 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.
< > 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.
< > 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.
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