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[var.mega_tests]
| > Obvious advantages of offshore company formation in Seychelles are
< > tax efficiency, full exemption from income tax, withholding tax,
< > capital gains tax, inheritance or corporation tax, minimal compliance
< > requirements, confidentiality and absence of foreign exchange control.
< > Economical and legal stability in Gibraltar gives additional
< > advantages to the owners of Gibraltar offshore companies:
< > not only they enjoy all the features of asset protection, but also
< > acquire stability and good reputation for their business.
< > 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 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.
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