Offshore Companies
Choose the jurisdiction which best suits your needs
Seychelles
IBC – International Business Company
General Info
Procedures to incorporate
Seychelles is a small island nation located in the Indian Ocean northeast of Madagascar and about 5,000 miles (1,600 km) east of Kenya.
Other nearby island countries and territories include Zanzibar to the west, Mauritius and Réunion to the south, Comoros and Mayotte to the southwest. Seychelles is known at a global level for its favorable regime available for foreign investors. This jurisdiction is also one of the most appreciated business destinations for offshore company formation, providing a set of tax advantages, offered in the form of various tax exemptions foreign investors can enjoy.
Most relevant Advantages
- No minimum capital requirement
- Only one shareholder or director is mandatory
- An IBC may own or manage a Seychelles-registered vessel or aircraft
- A growing matrix of tax treaties used for investment into other countries
- An international trade zone
- No corporate tax
- Not required to file accounts
- Records are not publicly accessible
- Names of company directors and shareholders are not placed in the public registry
- Residence permit and work permit are available for foreign investors
Annual Requirements
- Annual Return: Only required to be filed with local Registered Agent.
- Preparing Accounts: Yes.
- Submit Accounts: No.
Recurring Government Costs
- Minimum Annual Tax/License Fee: US$ 150
- Annual Return Filing Fee: N/A
Offshore Incorporation
Time to incorporate: Same day but allow five days for delivery of documentation.
Compliance
+ Authorised and Issued Share Capital
Seychelles IBCs are normally incorporated with a standard authorised share capital of US$50,000. No minimum paid–up capital requirements. The authorised share capital may be expressed in any currency. The minimum issued capital is either one share of no-par value or one share of par value.
+ Classes of Shares Permitted
Registered shares, shares of no-par value, preference shares, redeemable shares and shares with or without voting rights.
+ Bearer Shares
Not permitted.
+ Taxation
An International Company is exempted from local taxation.
+ Tax Treaties
Access to Double Taxation Treaties – No
+ Financial Statement Requirements
There is no requirement to file financial statements, but a company must keep records to reflect its financial position.
+ Directors
The minimum number of directors is one, who may be a natural person or a body corporate. They may be of any nationality and need not be resident in the Seychelles.
+ Company Secretary
A Seychelles IBC need not appoint a company secretary, although it is customary to do so. The secretary may be a natural person or body corporate, be of any nationality and need not be resident in the Seychelles.
+ Shareholders
The minimum number of shareholders is one.
Packages and Prices
Seychelles
Standard
Package
The cheapest option company formation, payment government fees, registered office, local registered agent, Client Due Diligence (CDD) full and free tax and legal assistance, and much more, to keep your entity fully compliant.
Business
Package
A special package with all services as included on the Standard Package, plus our Bank Account opening services with an internationally known financial institution, offering you online banking, multi-currency account, debit cards and all other major banking services you may need.
Premium
Package
A package with all services as included on the Business Package plus full Nominee Services (Nominee Members and Managers) providing you the highest degree in terms of confidentiality and anonymity.
How can we help you?
Should you have any question, our Business Development Managers team will be ready to guide and assist you!