| > 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.
< > The International Business Company is a corporate formation
< > with limited liability, conducting no business in the BVI,
< > fully exempt from the BVI income taxes and
< > only paying annual nominal fee to the government.
< > 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.
< > Various offshore companies are available in Gibraltar
< > including Gibraltar non-resident companies.
< > 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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