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[var.mega_tests]
| > The BVI offshore IBC formation legislation was implemented in 1984
< > and is constantly developed according to the demands and
< > requirements of international offshore community.
< > 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 is one of the most progressive offshore centres and one of
< > the best tax havens providing investors all the benefits of
< > tax exempt status, confidentiality and company law flexibility
< > in a completely stable economic and political environment.
< > 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.
< > 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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