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► Offshore BVI services include offshore company incorporation and
◄ ► administration, provision of registered address and registered agent, company
◄ ► management (directors and officers), nominee shareholders, bank account
◄ ► introductions and management as well as corporate searches
◄ ► and filings, drafting of corporate and business documentation.
◄ ► BVI company law provides minimum obligation to file any returns or reports.
◄ ► BVI IBC's are not obliged to prepare or file financial accounts, annual returns or
◄ ► records. However, the company must keep whatever financial records the
◄ ► company Directors feel enough to show and clarify the transactions carried out,
◄ ► and to determine the financial position of the offshore company.
◄ ► Company setting in Seychelles may take from one to five days, which is
◄ ► one of the shortest terms for offshore company incorporation.
◄ ► Seychelles IBC's are incorporated under the
◄ ► International Business Companies Act 1994, which enables for
◄ ► the formation of offshore companies
◄ ► with minimal compliance requirements and high confidentiality standards.
◄ ► Seychelles do not have double taxation agreements with other countries, hence
◄ ► information must not be shared with international business authorities.
◄ ► 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.
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