Europe Emirates Group can help you start your business in Seychelles
Seychelles company formation includes the International Business Company (IBC) option. A proposed name plus appropriate suffix must be submitted and translated, and approval can take as little as 30 minutes with the entire registration process completed in as little as two days.
IBC company restrictions extend to non-ownership of property, no engagement in banking or trust activities unless a specific licence permitting those activities is obtained. There is also a separate licensing requirement for any business that operates in the insurance or reinsurance sectors.
There is no requirement on minimum share capital and the names of the directors and shareholders are entirely private. The Memorandum and Articles of Association. are the only documents that go to the public register.
A Register of Directors and Register of Shareholders may be maintained at any local address with the only requirement that the Registrar is informed of the location. The company is also required to keep basic accounting records.
Seychelles IBCs are not required to submit tax returns, file account information or provide accounting records. However, a registered office and agent are required and the company is not allowed to own local property, but can lease office space.
Directors may be of any nationality and reside overseas with only one director and one shareholder required to form the company.
- 100 percent tax exemption on transactions conducted outside the Seychelles
- No minimum share value requirements
- High level of corporate confidentiality