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| ► The most common and advantageus way of offshore company formation in
◄ ► Seychelles is incorporating an IBC, which is an ideal offshore instrument
◄ ► for international business and investment activities.
◄ ► 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.
◄ ► 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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