>

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 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 offshore shelf companies are previously organized and

< >

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

< >

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

< >

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

< >

who wish to operate with long established offshore entity.

< >

Seychelles do not have double taxation agreements with other countries, hence

< 

information must not be shared with international business authorities.