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[var.mega_tests]
| > Seychelles offshore IBC stays asolutely tax-free if not carrying on business
< > in Seychelles. Other rules for Seychelles offshore companies are not to own
< > real estate in Seychelles and not to conduct banking and insurance operations.
< > 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.
< > Company setting in Seychelles may take from one to five days, which is
< > one of the shortest terms for offshore company incorporation.
< > 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.
< > 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.
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