Characteristics of Seychelles Offshore Company Formation
The Seychelles offshore company incorporation characteristics are listed in the tabular form for your better understanding.
Company type |
International Business Company (IBC) |
---|---|
Governing corporate legislation |
Financial Services Authority (FSA) is the governing authority, and the companies are regulated under the IBC ACT 2016 |
Minimum number of shareholders |
One |
Minimum number of directors |
One |
The requirement to appoint a company secretary |
No |
The requirement to appoint an auditor |
No |
The requirement to file accounts |
No |
Basis of the legal system |
Under common law |
Renewal date |
The anniversary date of the company/each year |
Corporate taxation |
A Seychelles IBC is exempt from any form of taxation and withholding taxes in Seychelles. |
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Documents Required to Register Seychelles Offshore Company**
- Certified passport copy
- Certified proof of address (issued within 3 months from today)
Offshore Banking Partners
Services
FAQs
Why open a company in Seychelles?
Seychelles is a very appealing financial centre and offers many incentives to foreign investors. The businesses benefit from enhanced privacy and asset protection solutions
What confidentiality is granted to an IBC in Seychelles?
The information of Beneficial Owner of the IBC must be unveiled to the registrar, but it not be published
What makes Seychelles the best destination for foreign investors and business endeavour?
Seychelles gives foreign investor 100% ownership of a registered company. It is also exempted from paying taxes.
Is it compulsory to appoint a resident director for Seychelles IBC?
No. It is not mandatory to appoint a local director.