Unlike an IBC (zero-tax company) a Special License Company is liable to 1.5% tax on its worldwide income. CSL is also exempt from any withholding taxes on dividends, interest and royalties, and from stamp duties on any property or share transfers and transactions.
Seychelles International Trusts provide complete confidentiality in the process of establishment, exemption from any taxation and high flexibility of structure.
Currently IBC is the most popular offshore vehicle. It is a tax-free corporation if no operations are carried out within the Seychelles
BVI CompanyThe British Virgin Islands is considered to be the most popular jurisdiction for International Business Companies (IBCs) registration. In the BVI, more than 650,000 offshore IBCs have been incorporated till now, with current growth rate at 50,000 incorporations per year. Overwhelming popularity of BVI offshore companies may be explained by various factors, the main of which are:
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