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| ► Obvious advantages of offshore company formation in Seychelles are
◄ ► tax efficiency, full exemption from income tax, withholding tax,
◄ ► capital gains tax, inheritance or corporation tax, minimal compliance
◄ ► requirements, confidentiality and absence of foreign exchange control.
◄ ► British Virgin Islands (BVI) is the most popular offshore jurisdiction
◄ ► in the world for International Business Companies (IBC's).
◄ ► 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.
◄ ► 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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