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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 Special License Company is a new entity regulated by the
 
Companies (Special Licenses) Act 2003, with the status of a low-tax company
 
and using all the benefits of double tax avoidance treaties
 
that are not accessible for Seychelles IBC's.
 
British Virgin Islands (BVI) is the most popular offshore jurisdiction
 
in the world for International Business Companies (IBC's).
 
The BVI are a British Overseas Territory, and this provides for the country
 
exceptional political and economical stability and higher standard of living
 
than in most countries of the region. This is
 
an ideal financial and tax planning centre for international business
 
that is seeking less publicity and more confidentiality.