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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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Seychelles do not have double taxation agreements with other countries, hence

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information must not be shared with international business authorities.

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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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Seychelles Special License Company is a new entity regulated by the

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Companies (Special Licenses) Act 2003, with the status of a low-tax company

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and using all the benefits of double tax avoidance treaties

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that are not accessible for Seychelles IBC's.

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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.