Why a Seychelles Company?
Zero percent tax on corporate and personal income
Extremely private; no free public access to beneficial ownership information
Shareholders, directors and officers can reside anywhere in the world
High degree of confidentiality : No public register of Shareholders or Directors
A minimum requirement of one director and one shareholder
No requirement to file annual reports or financial returns
No foreign exchange controls, funds can travel freely in an out of the country
Jurisdiction not tainted with negative offshore associations
Seychelles Company Key Facts
Seychelles Company Tax Information
The ultimate attraction for those who incorporate a Seychelles company is the fact that SeychellesInternational Business Companies (IBC) do not pay corporation tax, income tax, stamp duty, asset tax, and exchange controls on any corporate or personal income derived from outside Seychelles.
Seychelles companies are not required to disclose the name or personal details of the directors and/or beneficial owners to the registration authorities therefore such details are not freely available.
Additionally, there is no requirement for the company’s books and/or audited accounts to be presented to the authorities and no annual meeting is required.
Type of Shares
No Par Value shares, Registered shares, preference shares, bearer shares, redeemable shares and shares with or without voting rights attached and unnumbered shares.
Corporate or individual
Must the Director/ Manager be resident?
Minimum paid up capital
There is no minimum paid up share capital requirement (though in practice $1 is commonly applied)
Restrictions on trade
Cannot trade within Seychelles or own real estate in the jurisdiction. The company may not engage in banking, insurance related business, assurance, fund and collective investment schemes.
Type of Company
Location of meetings
It must be maintained in Seychelles. Additionally, each company must have a Registered Agent and Registered office in the jurisdiction, provided by a licensed service provider.
Seychellois Rupee (SCR).
Seychellois Creole, English and French
Name of the company
The titles “Limited”, “Corporation”, “Incorporated”, “Societe Anonyme”, “Sociedad Anonima” or Ltd, Corp., Inc., S.A. must be part of the name of every Seychelles Business Corporation.
The following address be used as part of an IBC name: “Assurance”, “Bank”, “Trust”, “Building Society”, “Cooperative”, “Chamber of Commerce”, “Chartered”, “Insurance”, “Imperial”, “Municipal” or “Foundation” (or any word the same as the name of a Seychelles island or which suggests the patronage of any Government).
Seychelles enjoys unparalleled privacy benefits. There is no public register of shareholders, Directors or beneficial owners in Seychelles and ownership privacy is protected and upheld by Law.
There is no requirement for Seychelles IBCs to file a tax return.
Our offshore consultants are on hand 24 hours a day, 7 days a week to advise as to the potential benefits of utilising nominee services in conjunction with a Seychelles IBC.
Seychelles Background Information
The country captures good levels of foreign direct investment, especially in the hospitality industry.
Seychelles has a strong airline industry and the Seychelles International Airport is one of the finest in the Indian Ocean region, served by a number of airlines.
Seychelles Banking Services
- High-level confidentiality – Banking privacy is reinstated by Seychelles statutes. Authorities have access to bank information in criminal tax matters where a court order is present only.
- Variety of payment options – With accounts in several currencies, internet banking, international wire transfers, debit and credit cards, prepaid cards, checkbooks, merchant accounts, brokerage accounts Seychelles bank account holders enjoy great payment flexibility.
- Low initial deposit requirements
- Full operative control– Secure Internet-banking facilities, with no need to install specific software on computers or other devices.
- Wide choice of payment cards
- No personal visits to Seychelles is required to open a Belize bank account.
- Free account application – The bank charges no fee for account opening.
Bank Account Requirements:
✓ Certified copy of passport
✓ Bank reference from a bank, which knows the person over 2 years
✓ Professional reference from an individual who knows the person over 2 years. If you do not have a relationships with a professional, the bank needs a second bank reference from another bank.
✓ Proof of address (original utility bill with individual’s name and residential address).