| > 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.
< > 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.
< > 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 new BVI Business Companies Act provides full tax exemption
< > to all offshore corporate formations registered there
< > and ensures modern and flexible business environment.
< > The Gibraltar Non Resident company is practical and cost efficient
< > type of company for offshore international business activities.
< > It is an excellent alternative to the Irish non-resident company
< which was very popular as offshore vehicle until 1999.
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