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► British Virgin Islands Business Companies are usually incorporated using
◄ ► the English language. Provision exists for a translation of the name
◄ ► to be included in the Memorandum and Articles of Association.
◄ ► BVI offshore International Business Company is a private
◄ ► corporation exempt from taxes, having flexible structure and maintaining
◄ ► strict confidentiality, not burdened by excessive reporting
◄ ► and record-keeping requirements.
◄ ► 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.
◄ ► Company setting in Seychelles may take from one to five days, which is
◄ ► one of the shortest terms for offshore company incorporation.
◄ ► 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.
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