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► BVI legislation is modern and very flexible, there are more benefits
◄ ► than requirements, this has made it the base for IBC formation legislation
◄ ► in many Caribbean jurisdictions. They consider it to be the ideal model
◄ ► for establishing an international financial centre
◄ ► and attracting the world offshore community.
◄ ► BVI offshore sector includes International Business Company,
◄ ► Limited Partnership and Trust, all of them not liable to any taxes.
◄ ► Seychelles Special License Company is a low-tax company,
◄ ► liable to 1.5% tax on its worldwide income but exempt
◄ ► from any withholding taxes on dividends, interest, royalties,
◄ from stamp duties on any property, share transfers and transactions.
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