| > Seychelles offshore IBC stays asolutely tax-free if not carrying on business
< > in Seychelles. Other rules for Seychelles offshore companies are not to own
< > real estate in Seychelles and not to conduct banking and insurance operations.
< > Obvious advantages of offshore company formation in Seychelles are
< > tax efficiency, full exemption from income tax, withholding tax,
< > capital gains tax, inheritance or corporation tax, minimal compliance
< > requirements, confidentiality and absence of foreign exchange control.
< > British Virgin Islands (BVI) is the most popular offshore jurisdiction
< > in the world for International Business Companies (IBC's).
< > BVI is a major international financial centre with offshore industry
< > strongly supported by the government.
< > BVI legislation is modern and very flexible, there are more benefits
< > than requirements, this has made it the base for IBC formation legislation
< > in many Caribbean jurisdictions. They consider it to be the ideal model
< > for establishing an international financial centre
< and attracting the world offshore community.
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