>

The BVI are a British Overseas Territory, and this provides for the country

< >

exceptional political and economical stability and higher standard of living

< >

than in most countries of the region. This is

< >

an ideal financial and tax planning centre for international business

< >

that is seeking less publicity and more confidentiality.

< >

The International Business Company is a corporate formation

< >

with limited liability, conducting no business in the BVI,

< >

fully exempt from the BVI income taxes and

< >

only paying annual nominal fee to the government.

< >

The new BVI Business Companies Act provides full tax exemption

< >

to all offshore corporate formations registered there

< >

and ensures modern and flexible business environment.

< >

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.

< >

Seychelles Special License Company is a new entity regulated by the

< >

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

< >

and using all the benefits of double tax avoidance treaties

< 

that are not accessible for Seychelles IBC's.