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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 BVI offshore IBC formation legislation was implemented in 1984

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and is constantly developed according to the demands and

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requirements of international offshore community.

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Seychelles IBC's are incorporated under the

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International Business Companies Act 1994, which enables for

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the formation of offshore companies

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with minimal compliance requirements and high confidentiality standards.

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Seychelles offshore shelf companies are previously organized and

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never used corporations, with registered capital and all the costs paid,

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which can be purchased for customer's immediate needs, in order

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to avoid the waiting time for incorporation, or for those clients

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who wish to operate with long established offshore entity.

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Obvious advantages of offshore company formation in Seychelles are

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tax efficiency, full exemption from income tax, withholding tax,

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capital gains tax, inheritance or corporation tax, minimal compliance

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requirements, confidentiality and absence of foreign exchange control.