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[var.mega_tests]
| > BVI is a major international financial centre with offshore industry
< > strongly supported by the government.
< > 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 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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