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The Seychelles is a group of 115 small islands located at the centre of the Indian Ocean to the north of Madagascar off the African coast, with approximately 83,000, inhabitants, 80% of which live on the main island, called Mahé, the ethnic groups are well diversified in a mixture of European, Asian and African. the capital city is Victoria (found on Mahé) and the official languages in the country are English, French and Creole.
inhabitants, 80% of which live on the main island, called Mahé.
The ethnic groups are well diversified in a mixture of European, Asian and African.
The capital city is Victoria (found on Mahé) and the official languages in the country are English, French and Creole.

 

Seychelles


In 1976, Seychelles became a Republic within the Commonwealth when it gained its independence from Great Britain. Its legal system is based on English Common Law, the Napoleonic Code and the amended 1993 Constitution. Civil Law is based on the French Napoleonic Code adapted to Seychelles. Company Law is based on English Common Law.

The sale of financial and business products is regarded as the third pillar of the Seychelles economy. The status of Seychelles as an independent financial centre is continuously growing with regular amendments made to its legislation so as to comply with international standards as set by the OECD, FATF and IMF.

Seychelles has good telecommunications infrastructure with internationally recognised names as telecommunication providers.

The country also has a modern international airport regularly served by international airlines such as Kenya Airways, Air Austral, Condor, Qatar Airways and Emirates Airline


Types of registered companies

International Business Companies (IBC)


Requirements for the company.

  •  Minimum number of directors - one
  •  No requirements for residency directors
  • Director of the company can be either legal or physical person
  • Legal address and registered agent in the country are required
  • Secretary may be non-resident
  • Minimum number of shareholders - one
  • Nominee shareholders and directors are allowed


Equity capital

There are no requirements for minimum authorized or to be issued share capital. Recommended authorized capital of an offshore company is USD 100,000.


Bearer shares

Bearer shares are not allowed


Taxation

Seychelles offshore companies are totally exempt from taxes and pay only a fixed fee for renewal IBC status.


Annual Fees

Size of the registration fee, payable upon registration of companies in Seychelles, depends on the size of the share capital and amounts:

  • US $ 100 when registering the company with an authorized capital up to US $ 5,000.
  • US $ 300 when registering the company with an authorized capital up to US $ 50,000, and all shares have a par value.
  • US $ 1,000 when registering the company with an authorized capital exceeding US $ 50,000.
  • US $ 350, if the share capital does not exceed the US $ 50,000, and all or some shares have no par value.


Reporting / Meetings

Seychelles IBC is not required to submit any accounting or audit reports in Seychelles, but all companies must keep records showing the financial position of the company. The annual general meeting of shareholders or directors of the company is not required.


Privacy

Complete confidentiality of shareholders and directors of the company


Limits

Seychelles offshore companies are not eligible to:

  • engage in any business with residents of Seychelles;
  • own property in Seychelles;
  • conduct banking, trust or insurance activities without a license;
  • provide management services to local companies or register offices in Seychelles


Company name

The names of the offshore companies must end with the words, phrases or abbreviations: Limited, Corporation, Public Limited Company, Societe Anonyme, Incorporated, Sociedad Anomina, Berhad, Societe, Namloze Venootschap, Proprietary, a Responsabilite Limitee, Besloten Venootschap, Aktiengesellschaft, Limited Life Company, Corp, Inc, PLC, SARL, BV, Ltd, AG, Bhd, Pty, NV, SA, LLC. The names of offshore companies may be registered in any language (with the mandatory translation into English or French).


PRICES FOR OFFSHORE SERVICES

International business company (IBC) - Standard order

 International business company (IBC) 

US$ 650.00

 US$ 1,250.00

Standard order

The documents/services which are provided to the client are:

  • Certificate of Incorporation 
  • First Resolution of Director
  • Memorandum and Articles of Association
  • Share Certificate
  • Courier services
  • Corporate seal                     

       Price - US$ 650.00 includes:

  • Payment of government duties for registration of offshore company
  • Services of the registered office & registered agent in Seychelles for first year
  • Services of registered office for first year.
  • Courier

Standard order with Nominee Services:

The documents/services which are provided to the client are:

  • Certificate of Incorporation
  • Memorandum and Articles;
  • First resolution of the Directors
  • Appointment of First Directors;
  • Share Certificate;
  • Deed of Trast
  • Register of the Directors and Shareholders;
  • Letter of the acceptance of the Director;
  • Power of Attornay;
  • Apostille Bound Set in the country of registration;
  • Agreement for the provision of nominee services
  • One round rubber company stamp

Price - US$ 1,250.00 includes:

  • Payment of government duties for registration of offshore company;
  • Services of the registered office & registered agent in Seychelles for first year
  • Services of registered office for first year;
  • Nominee services for first year;
  • Courier.


Ready-made (shelf) companies

We have specially registered some companies for your convenience if you require the company immediately or if you require company with older incorporation date. You can sign the bank account opening forms as soon as you have purchased the shelf company which lets you to receive the account number and IBAN number straight away.
All these companies have not traded or entered into any dealings or obligations whatsoever. Since their incorporation, their documents have been kept motionless on the shelf in our office.
Please note that due to the fact that these are "shelf" companies they are without Apostille and most probably, you will need it so it will take 1-2 business days to arrange for it. And if you are a new customer it will take some time to fill out all the necessary forms due to our companies "know your customer" policy.
The Price for the shelf company varies depending on the incorporation date of the company.

For more detailed information about company formation in Seychelles or "shelf" companies please contact us and our experts will be glad to help you in any question you may have. Our telephone number is  + 357 22 680602 and e-mail: This email address is being protected from spambots. You need JavaScript enabled to view it.