Seychelles has gained an enviable reputation as one of the world's most attractive and secure jurisdictions. The main reasons a company is formed offshore are to do business in another country or hold assets there.
If you are an entrepreneur seeking a haven for your offshore company, the island of Seychelles has what you need. Located 890 nautical miles east of Africa and northeast of Madagascar, this country is one of the leaders in offshore business registration. The Seychelles economy is growing at a pace that is faster than any other economy in East Africa.
A Glance at Seychelles
Seychelles is a popular offshore jurisdiction representing a central part of the international offshore system. It is the most popular among corporations and individuals. The country accords personal freedom, human rights, and privacy to those who decide to set up their business there.
Seychelles has a highly attractive tax system that makes it very attractive for international investors. In addition, the high quality of life, the availability of a reliable workforce, the active regulatory environment, and its minimal crime rate all contribute to the country's image as one of the best offshore jurisdictions in the world.
Benefits of Seychelles Company
There are many benefits of forming an offshore company, but the most important ones are:
- Free access to international capital markets
- 100% legal protection for shareholders, directors, and company employees
- Secure tax planning and structuring
- Favourable operating environment and government
After reading the benefits, if you are interested in starting an offshore company, explore how to start Seychelles IBC.
What Makes Seychelles a Welcoming Jurisdiction?
Seychelles has one of the most transparent legal frameworks in the world, an experienced cadre of credible and respected legal practitioners, and a flexible and accommodating approach to legislative amendments.
Seychelles' favorable legal and fiscal conditions are particularly attractive to businesses involved in the following kinds of commercial activities:
- Stockbrokerage and FOREX brokerage
- Inherited property management funds
- Investment consulting and other types of consulting
- Intellectual property management
- Property storage services
Types of Company Ownership Available in Seychelles
An International Business Company, or IBC, is the region's most common business ownership. Additionally, businesses with different forms of ownership may register there; for example, their names may end in Incorporated, Limited, Corporation, BV, GmbH, SARL, or another abbreviation.
Moreover, the other forms of company ownership in Seychelles include the following ones:
- Limited Partnership
- Special License Company
As we concluded, we learned the legal structure and the friendliest part of doing business in Seychelles. Also, if you wish to explore more, know how a foreigner can open an offshore company in Seychelles.
At Business Setup Worldwide, we take cautiousness of the necessity to provide our valued clients with the greatest business incorporation solutions. In addition, our business professionals can assist you in establishing your offshore business in Seychelles since they are familiar with the procedure. So, contact us right away; we'd be happy to help.
What are the types of activities that require a business license in Seychelles?
The types of activities that need a business license are,
What are the types of documents required to open a bank account in Seychelles?
The bank accounts required to open a bank account in Seychelles are
Account application forms
Bank reference letter
Certified copies of personal identity documents, including valid passports and residency proofs, within three months for all directors/ shareholders/ account signatories
Copies of Seychelles company documents
Certificate of Incumbency
What are the easy steps to incorporate a company in Seychelles?
The steps required to incorporate a company in Seychelles are
Fill out an application form
Upload your documents
Registering the company
Opening a bank account
Company Kit Dispatch
How many minimum numbers of directors were required in Seychelles offshore company?
There was one minimum number of directors required in Seychelles offshore company formation.