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The BVI offshore IBC formation legislation was implemented in 1984

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and is constantly developed according to the demands and

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requirements of international offshore community.

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Seychelles IBC's are incorporated under the

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International Business Companies Act 1994, which enables for

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the formation of offshore companies

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with minimal compliance requirements and high confidentiality standards.

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Seychelles offshore shelf companies are previously organized and

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never used corporations, with registered capital and all the costs paid,

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which can be purchased for customer's immediate needs, in order

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to avoid the waiting time for incorporation, or for those clients

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who wish to operate with long established offshore entity.

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For offshore company registration in Seychelles, only one director

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and one shareholder are required; each of them can be either physical person

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or corporate entity. Their details do not appear in the public records.

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Information about beneficial owners, directors and shareholders

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is kept confidential, not becoming the part of public record.

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For maintaining owner's confidentiality, nominee services are also available.

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There is no universal way of establishing an offshore entity -

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each business situation needs the individual configuration

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of an offshore company. If properly organized,

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Gibraltar offshore company allows to improve business efficiency, to get

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substantial tax benefits, to reduce costs and maintain confidentiality.