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► 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 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.
◄ ► BVI offshore sector includes International Business Company,
◄ ► Limited Partnership and Trust, all of them not liable to any taxes.
◄ ► International Business Company is one of the most popular and
◄ ► versatile types of offshore corporation available in Seychelles. There are
◄ ► approximately 600 new companies registered every month in the jurisdiction.
◄ ► The information on Seychelles offshore companies
◄ ► is not shared or reported to any overseas authorities or organizations,
◄ ► thus remaining confidential. Also, unlike some other tax havens,
◄ Seychelles is not subject to the EU Savings Tax Directive.
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