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[var.mega_tests]
| > British Virgin Islands (BVI) is the most popular offshore jurisdiction
< > in the world for International Business Companies (IBC's).
< > BVI is a major international financial centre with offshore industry
< > strongly supported by the government.
< > 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.
< > 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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