Seychelles
Incorporation package includes
- Incorporation of a Seychelles IBC company
- 1 year Registered Office Address
- 1 year Company Secretary Services
- Preparation of necessary resolutions and documentation
- Guidance to ensure your company remains in good standing
- Reminders and support for annual filings, renewals, and business registration renewals
Why form a company in the Seychelles?
No Currency Controls or Restrictions
Seychelles imposes no currency controls, allowing for unrestricted transfer of funds in and out of the jurisdiction..
No Taxation on Income Earned Outside Seychelles
Seychelles IBCs are exempt from local taxation on income earned outside the jurisdiction, offering significant tax advantages for international operations.
Legal Framework Based on English Common Law
Seychelles IBCs are governed by modern laws that are based on English common law, providing a familiar and trusted legal structure for international businesses.
Full Foreign Ownership
Seychelles allows 100% foreign ownership, so you can fully control your company without needing a local partner.
Confidentiality & Privacy
Seychelles offers a high level of privacy, with minimal disclosure requirements and the option for nominee services, ensuring that the identities of directors and shareholders are protected.
Flexible Corporate Structure
Seychelles IBCs can have a single director and shareholder (which can be the same individual), offering flexibility in corporate structure.
No Minimum Capital Requirement
There is no minimum capital requirement for setting up an IBC in Seychelles, making it an attractive and cost-effective option.
Efficient Setup Process
The process of registering an IBC in Seychelles is fast and efficient, allowing businesses to start operating quickly.
Enjoy Seychelles's tax benefits
No Corporate Tax for Offshore Companies
Offshore companies are exempt from local corporate income tax.
No Capital Gains Tax
Profits from the sale of assets are not taxed.
No Withholding Tax
Dividends, interest, and royalties paid to foreign entities are exempt from withholding tax.
Confidentiality
Seychelles offers strong privacy protections for company owners, with no public register of shareholders.
Flexible Corporate Structure
Easy and quick company setup with minimal compliance requirements.
Delivery timeline
In total, the process from application to registration can typically be completed within 3-5 business days, depending on specific circumstances. Here’s an overview of the timeline:
Document Submission
After receiving the necessary documents, we submit the application to the Seychelles Financial Services Authority (FSA).
Company Registration & Licensing
Once the application is approved, the FSA issues the Certificate of Incorporation and other company documentation.
Bank Account Setup
Opening a corporate bank account may take additional time depending on the bank’s due diligence process, typically 5-7 business days.
Required documents
The Seychelles IBC structure is ideal for businesses looking to operate internationally with minimal regulatory requirements and maximum privacy. To establish a Seychelles IBC, the following documents are required:
Passport Copies
Clear, color copies of the passports for each director and shareholder.
Proof of Address
A recent utility bill, bank statement, or other proof of residential address for each shareholder and director.
Bank Reference Letter (if applicable)
A bank reference letter for foreign shareholders may be requested by banks as part of the due diligence process.
Business Activities
A brief description of the business activities intended for the IBC.
Specimen Signature
A signed specimen signature for each director and shareholder.
No Objection Certificate (if applicable)
If a shareholder or director is already a resident of Seychelles, a No Objection Certificate (NOC) from their current employer or sponsor may be required.
Frequently answered questions
Find answers to common questions about our services and the company formation process. We’re here to provide clarity and support for your business journey.
What types of business activities are restricted for Seychelles offshore companies?
While Seychelles offshore companies enjoy significant flexibility, they are restricted from:
- Engaging in business within Seychelles itself.
- Owning immovable property in Seychelles.
- Providing banking, insurance, or other financial services without a proper license.
These restrictions ensure the focus remains on international business activities and compliance with Seychelles’ offshore regulations.
What are the compliance requirements for Seychelles offshore companies?
Compliance requirements are minimal but include:
- Record Keeping: Maintain financial records and company documents for at least seven years.
- Registered Agent: Appoint a registered agent and maintain a registered office in Seychelles.
- Beneficial Ownership Information: Provide beneficial ownership details to the registered agent (this is not publicly disclosed).
- Adherence to international laws and regulations to avoid sanctions or penalties.
Can a Seychelles offshore company trade globally?
Yes, Seychelles offshore companies are designed for international trade and business. They can:
- Engage in import/export operations worldwide.
- Operate online businesses or e-commerce platforms.
- Provide services to clients in various jurisdictions.
However, local trade or transactions within Seychelles are prohibited for IBCs.
Are Seychelles offshore companies subject to double taxation?
No, Seychelles offshore companies benefit from a zero-tax regime on foreign income, making them exempt from local corporate taxes.
Seychelles has double tax avoidance agreements (DTAs) with several countries, which may provide further tax advantages depending on the jurisdiction.
However, tax obligations may apply in the countries where business activities are conducted.
