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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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For offshore company registration in Seychelles, only one director

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and one shareholder are required; each of them can be either physical person

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or corporate entity. Their details do not appear in the public records.

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Information about beneficial owners, directors and shareholders

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is kept confidential, not becoming the part of public record.

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For maintaining owner's confidentiality, nominee services are also available.

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BVI legislation is modern and very flexible, there are more benefits

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than requirements, this has made it the base for IBC formation legislation

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in many Caribbean jurisdictions. They consider it to be the ideal model

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for establishing an international financial centre

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and attracting the world offshore community.

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Personal privacy of any shareholder or director is well protected as their names

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do not appear in any BVI incorporation documents and public records.

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In their turn, shareholders and directors

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are ensuring confidentiality of beneficiary owners.

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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.