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► Seychelles IBC can be incorporated with bearer shares,
◄ ► although there are certain restrictions towards their use.
◄ ► Seychelles Special License Company is a low-tax company,
◄ ► liable to 1.5% tax on its worldwide income but exempt
◄ ► from any withholding taxes on dividends, interest, royalties,
◄ ► from stamp duties on any property, share transfers and transactions.
◄ ► 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 BVI offshore IBC formation legislation was implemented in 1984
◄ ► and is constantly developed according to the demands and
◄ ► requirements of international offshore community.
◄ ► The new BVI Business Companies Act provides full tax exemption
◄ ► to all offshore corporate formations registered there
◄ ► and ensures modern and flexible business environment.
◄ ► BVI offshore sector includes International Business Company,
◄ Limited Partnership and Trust, all of them not liable to any taxes.
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