Seychelles

 

Type of company	IBC
Disclosure of Beneficial Ownership to Government Authorities	No
Tax on Offshore Profits	Nil
Corporate Legislation	Seychelles International Business Companies Act 1994

 

Min. No. of Shareholders	1
Min. No. of Directors	1
Min. Share Capital	US$ 1.00
Corporate Directors Allowed	Yes
Nominee directors allowed	Yes
Nominee shareholders allowed	Yes
Company Secretary Required	Optional
Standard Authorised Share Capital	US$ 100,000.00
Bearer Shares Allowed	Yes

Local Registered Office	Yes
Local Registered Agent	Yes
Local Company Secretary	No
Local Directors	No
Local Shareholders	No
Local Meetings	No
Government Register of Directors	No
Government Register of Shareholders	No

Annual Return	No
Annual Accounts	No
Tax Return	No

• Can not carry on business in Seychelles.
• Can not do banking, insurance and registered agent business without special license.
• Naming Restrictions – In line with global norms, prohibited words include, for example “Bank” and “Building Society”, and the registry has discretion to reject names that are indecent, offensive or misleading.
• Can not own real estate in Seychelles.

• Fast incorporation procedures and simple ongoing administration.
• Reasonable formation and maintenance fees.
• Confidentiality.
• No minimum or maximum capital requirements.
• Seychelles IBC’s may engage in any lawful business in any country and may carry on transactions in whatever currencies they choose.
• Directors and shareholders can be either corporate entities or natural persons, residents of any country
• There is no requirement to register initial or ongoing changes in directors and officers.
• Full exemption from taxation on any business activity carried on outside Seychelles.