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[var.mega_tests]
| > The Gibraltar Non Resident company is practical and cost efficient
< > type of company for offshore international business activities.
< > It is an excellent alternative to the Irish non-resident company
< > which was very popular as offshore vehicle until 1999.
< > British Virgin Islands (BVI) is the most popular offshore jurisdiction
< > in the world for International Business Companies (IBC's).
< > The BVI offshore IBC formation legislation was implemented in 1984
< > and is constantly developed according to the demands and
< > requirements of international offshore community.
< > 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.
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