| > 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.
< > 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 IBC's are incorporated under the
< > International Business Companies Act 1994, which enables for
< > the formation of offshore companies
< > with minimal compliance requirements and high confidentiality standards.
< > For offshore company registration in Seychelles, only one director
< > and one shareholder are required; each of them can be either physical person
< > or corporate entity. Their details do not appear in the public records.
< > Information about beneficial owners, directors and shareholders
< > is kept confidential, not becoming the part of public record.
< For maintaining owner's confidentiality, nominee services are also available.
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