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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 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.
< > 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.
< > Economical and legal stability in Gibraltar gives additional
< > advantages to the owners of Gibraltar offshore companies:
< > not only they enjoy all the features of asset protection, but also
< acquire stability and good reputation for their business.
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