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The Gibraltar Non Resident company is practical and cost efficient

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type of company for offshore international business activities.

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It is an excellent alternative to the Irish non-resident company

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which was very popular as offshore vehicle until 1999.

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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 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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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.

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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.