Seychelles Company - Offshore Company Formation

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Seychelles Company - Offshore Company Formation JURISDICTIONS & FEES

• Seychelles Background
• - Complete business privacy and confidentiality
• - Full exemption from taxation on foreign income
• - Reasonable pricing with simple legislative requirements
• - Fast and efficient technical support

• Seychelles Introduction
• Seychelles is an independent Republic within the Commonwealth with a population of 82,000. Seychelles comprises a group of approximately 115 islands in the Indian Ocean, most of which are situated between 4 and 5 degrees south of the equator. The country has good political stability with a democratically elected Government. The Seychelles economy is primarily based on tourism, commercial fishing and offshore financial services industry.
• Seychelles offers a wide variety of financial services, including offshore banking, investments and insurance. The International Business Company (IBC), which is both inexpensive and user-friendly, is the most popular corporate entity and can be used for many purposes with few limitations.

• Seychelles's Law And Taxation
• Seychelles is governed by civil law except for the corporate legislation and criminal law which are based on the English common law. The principal corporate legislation governing IBCs is the International Business Companies Act (IBC Act) 1994, which is both a comprehensive and user-friendly piece of legislation for the incorporation, regulation, operation and taxation of IBCs, requiring minimal disclosure.
• IBCs are exempt from taxation on business activities or transactions carried on outside the Republic of Seychelles, and although there are no specific laws to govern secrecy in relation to companies, the English common law imposes the duty for professionals to keep the affairs of their clients confidential.

Seychelles Company - Offshore Company Formation GENERAL INFORMATION

• Seychelles Company Corporate Requirements
  IBCs are required to have at least one director and one shareholder, which may be natural persons, or corporate entities. Neither directors nor officers need to be shareholders. Shareholders, directors, and officers may be of any nationality and may be residents of any country. A company secretary is not mandatory, although it is customary to have one appointed, and may be of any nationality and need not be resident in the Seychelles. The company must have a registered office and a registered agent in the Seychelles. The language of legislation and corporate documentation is either English or French. If any other language is used, it must be accompanied by a translation in either English or French.
• Both the English and Chinese company name can be included on the certificate of incorporation.
• Shares permitted include: registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights. IBCs are normally incorporated with an authorised share capital of USD100,000 par value shares, and the minimum annual licence fee payable for up to USD100,000 shares is USD110. Nevertheless shares may be expressed in any currency and the minimum issued capital required is one share and may be with or without par value. Beneficial owners need not be disclosed. There is no requirement to hold Annual General Meetings and meetings do not have to be held in the Seychelles and can be held by telephone or other electronic means. IBCs do not have to file any annual returns, accounts, or financial statements and there is no requirement to register initial or ongoing changes in directors or officers.

• Seychelles Company Local Infrastructure
• Seychelles has the finest International Airport in the Indian Ocean region and its national and international telecommunications carriers are well established. There are an increasing number of international banks and insurance companies which have established branches in the Seychelles with local management companies, accounting and legal firms to provide support.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. We do not accept any responsibility, legal or otherwise, for any error or omission.

If you would like further information concerning Seychelles Company Incorporation, please contact our professionals and we will provide you with free advisory.

Offshore Company Listing

• In order to meet different demands from clients, we are providing the following offshore company formation service Acting as a holding company International trade Investment .

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