I just want to give you some of the major benefits of the Seychelles IBC company compared to BVI Companies....
Benefit No.1
No US or EU IRS Interference: Seychelles is a stable independent republic, has no economic ties with the US or the EU and, (unlike the BVI and many of other offshore jurisdictions) Seychelles HAS NOT SIGNED any tax information sharing agreements whatsoever
Benefit No.2
A Seychelles IBC can be established quickly and easily, requires only one shareholder and director and can carry on a wide range of activities as of right (ie without necessarily having to go down the road of obtaining special business licenses)
With the exception of Seychelles, only in the BVI is the minimum annual licence fee not pegged to a limitation on authorized capital, however, in BVI: 1. the capitalisation is restricted to a minimum number of shares (50’000), regardless of the face value of each share & 2. The annual licence fee is considerably more expensive.
Benefit No.3
Bearer Shares are permitted: Shares may be issued either to a named shareholder or to an unnamed “Bearer” as an added privacy shield (ie he who holds the share certificate/s owns the Company) and there is no restriction of movement on Bearer shares. Unlike BVI, Panama, Belize etc anyone can hold the bearer share certificate/s - the bearer share certificate/s does not have to be held by an approved custodian
Now decide on your own what is the best for you and more importantly what situation you are in!