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[var.mega_tests]
| > There is no universal way of establishing an offshore entity -
< > each business situation needs the individual configuration
< > of an offshore company. If properly organized,
< > Gibraltar offshore company allows to improve business efficiency, to get
< > substantial tax benefits, to reduce costs and maintain confidentiality.
< > BVI is a major international financial centre with offshore industry
< > strongly supported by the government.
< > 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.
< > 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.
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