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Seychelles offshore IBC stays asolutely tax-free if not carrying on business

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in Seychelles. Other rules for Seychelles offshore companies are not to own

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real estate in Seychelles and not to conduct banking and insurance operations.

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Seychelles Special License Company is a new entity regulated by the

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Companies (Special Licenses) Act 2003, with the status of a low-tax company

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and using all the benefits of double tax avoidance treaties

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that are not accessible for Seychelles IBC's.

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The BVI are a British Overseas Territory, and this provides for the country

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exceptional political and economical stability and higher standard of living

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than in most countries of the region. This is

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an ideal financial and tax planning centre for international business

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that is seeking less publicity and more confidentiality.

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The International Business Company is a corporate formation

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with limited liability, conducting no business in the BVI,

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fully exempt from the BVI income taxes and

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only paying annual nominal fee to the government.

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The new BVI Business Companies Act provides full tax exemption

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to all offshore corporate formations registered there

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and ensures modern and flexible business environment.