>The BVI offshore IBC formation legislation was implemented in 1984
< >and is constantly developed according to the demands and
< >requirements of international offshore community.
< >BVI offshore sector includes International Business Company,
< >Limited Partnership and Trust, all of them not liable to any taxes.
< >Company setting in Seychelles may take from one to five days, which is
< >one of the shortest terms for offshore company incorporation.
< >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.