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[var.mega_tests]
| > 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.
< > The BVI are a British Overseas Territory, and this provides for the country
< > exceptional political and economical stability and higher standard of living
< > than in most countries of the region. This is
< > an ideal financial and tax planning centre for international business
< > that is seeking less publicity and more confidentiality.
< > 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.
< > The new BVI Business Companies Act provides full tax exemption
< > to all offshore corporate formations registered there
< and ensures modern and flexible business environment.
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