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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 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.
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