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The most common and advantageus way of offshore company formation in

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Seychelles is incorporating an IBC, which is an ideal offshore instrument

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for international business and investment activities.

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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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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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The BVI offshore IBC formation legislation was implemented in 1984

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and is constantly developed according to the demands and

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requirements of international offshore community.