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[var.mega_tests]
| > 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 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.
< > Seychelles do not have double taxation agreements with other countries, hence
< > information must not be shared with international business authorities.
< > BVI International Business Companies provide
< > the strong combination of high flexibility and
< > the unquestioned confidentiality that allowed them to become
< > the most popular and widely used type of offshore company.
< > The new BVI Business Companies Act provides full tax exemption
< > to all offshore corporate formations registered there
< and ensures modern and flexible business environment.
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