>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.
< >Personal privacy of any shareholder or director is well protected as their names
< >do not appear in any BVI incorporation documents and public records.
< >In their turn, shareholders and directors
< >are ensuring confidentiality of beneficiary owners.
< >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.
< >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.