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[var.mega_tests]
| > 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.
< > Seychelles is one of the most progressive offshore centres and one of
< > the best tax havens providing investors all the benefits of
< > tax exempt status, confidentiality and company law flexibility
< > in a completely stable economic and political environment.
< > The most common and advantageus way of offshore company formation in
< > Seychelles is incorporating an IBC, which is an ideal offshore instrument
< > for international business and investment activities.
< > 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.
< > 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.
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