Regarded as a tax haven, Seychelles is a favoured business destination for investors who want to improve their companies by making the tax planning more effective and guarding their assets by Seychelles offshore company formation. It is a popular offshore financial centre and a growing international company incorporation market. Few of its features include –
- IBC’S are considered a resident for tax purposes but are subject to a territorial tax system, whereby income accumulated from foreign-sources is not subject to taxation.
- Only one shareholder and the director is required who can be either an individual or a corporation and may be non-resident
- IBCs do not need to file an annual return or financial statements, as long as they do not derive income within Seychelles
- Members get advantage from confidentiality as no details are available in the public registry
- Share capital must not be paid
- No requirement of financial reporting
Seychelles Offshore Company Incorporation is Ideal for
Estate Planning
Wealth Management
Holding Company
International Trading
Online Companies
Boat and Yacht Registration
Characteristics of Seychelles Offshore Company
|
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 |
Seychelles Offshore Company Registration
Fill an Application Form
An application form must be filled with company information and personal details for Seychelles offshore company
Upload your Documents
Once the form is filled, submit the company documents according to the corporate entity chosen
Register the Company
For Seychelles offshore company formation, pay the fees, get the documents approved and if everything is authentic, you will get the Certificate of Registration
Additional Services
Under this step additional services like nominee director, the corporate bank account is taken care of
Company Kit Dispatch
The final step is to receive the company kit which will include all the company documents
Documents Required to Set up Offshore Company in Seychelles
Notarised passport of each shareholder/beneficial owner and director
Notarised proof of residential address of each director and shareholder/beneficial owner (Must be in English or be translated in English)
The proposed three company names
Sign Application form, Notice of Beneficial Owners
1. 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
2. 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
3. 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.
4. Is it compulsory to appoint a resident director for Seychelles IBC?
No. It is not mandatory to appoint a local director.