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► 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.
◄ ► 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.
◄ ► 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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