>

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 BVI are a British Overseas Territory, and this provides for the country

< >

exceptional political and economical stability and higher standard of living

< >

than in most countries of the region. This is

< >

an ideal financial and tax planning centre for international business

< >

that is seeking less publicity and more confidentiality.

< >

The BVI offshore IBC formation legislation was implemented in 1984

< >

and is constantly developed according to the demands and

< >

requirements of international offshore community.

< >

Seychelles do not have double taxation agreements with other countries, hence

< >

information must not be shared with international business authorities.

< >

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.