Seychelles Offshore IBC Company Formation
The Republic of Seychelles is an island country spanning an archipelago of 115 islands in the western Indian Ocean. Mahe is the largest island where the capital, Victoria, is located.
The Seychelles gained independence from Britain in 1976 and now has a stable, democratic government. The official languages are English, French, and Seychellois Creole. However, English remains the language of the government and business, which is advantageous for Seychelles Offshore IBC Companies.
Since the introduction of the International Business Companies Act in 1994, Seychelles has grown into a competitive location for offshore company incorporations, particularly for Seychelles Offshore IBC Companies.
As one of the most stable socio-economic regions in the world, Seychelles is a highly regarded jurisdiction to conduct international business activities, attracting Seychelles Offshore IBC Companies.
Some EU states and other large economy states have Tax Treaties with Seychelles – for example, Cyprus, Netherlands, Belgium, Luxemburg, Singapore, China, South Africa, Qatar, and UAE, making it an attractive choice for Seychelles Offshore IBC Companies conducting international business.
Seychelles IBC is a popular choice because of its low-cost incorporation fee, administrative ease, privacy features, and tax-exempt status, all of which are advantageous for Seychelles Offshore IBC Companies.
Companies that do not derive any income from sources in Seychelles are not subject to tax, providing a favourable tax environment for Seychelles Offshore IBC Companies.
Seychelles Offshore IBC Companies enjoy the stability of the Seychellois government and the legal framework.
The presence of multiple official languages, including English, enhances the accessibility for Seychelles Offshore IBC Companies.
The introduction of the International Business Companies Act has streamlined the process for Seychelles Offshore IBC Companies.
Seychelles’ stable socio-economic environment is conducive to the operations of Seychelles Offshore IBC Companies.
Tax Treaties with EU states and other large economies open up international business opportunities for Seychelles Offshore IBC Companies.
Seychelles IBC’s low-cost incorporation fee is an attractive feature for Seychelles Offshore IBC Companies.
Administrative ease and privacy features make Seychelles an appealing jurisdiction for Seychelles Offshore IBC Companies.
Seychelles’ tax-exempt status is a crucial benefit for Seychelles Offshore IBC Companies.
Seychelles’ reputation as a stable and reliable jurisdiction adds to its appeal for Seychelles Offshore IBC Companies.
Companies not deriving income from sources in Seychelles find a tax-advantageous environment, particularly beneficial for Seychelles Offshore IBC Companies.
For additional information about Seychelles Offshore IBC Company, you can check the site Consil Formation.
Advantages of Seychelles Offshore IBC Company Formation:
If you are interested in the Seychelles Offshore IBC Company Formation, you can contact us any time.
Summary of Seychelles Offshore IBC Company and main characteristics:
| General Information | |
|---|---|
| Type of company | International Business Company (IBC) |
| Corporate Legislation | Seychelles International Business Authority (SIBA) is the governing authority and the companies are regulated under the IBC ACT 1994. |
| Taxation | No taxes of any sort. Corporation Tax – 0% Tax on Dividends – 0% Withholding tax – 0% |
| Currency | Standard Currency - Seychellois rupee (SCR) Share Capital can be in USD$ |
| Paid up capital requirement | No paid up capital required |
| Time zone | SCT (UTC+4) |
| Directors | |
| Minimum no. required | 1 |
| Local Director required | No |
| Location of Meetings | Anywhere |
| Shareholders | |
| Minimum no. required | 1 |
| Location of Meetings | Anywhere |
| Company Secretary | |
| Required | No |
| Local Secretary required | No |
| Registered office required | Yes |
| Share Capital | |
| Standard Currency | USD$ |
| Standard Authorized Capital | 10.000 USD$ |
| Minimum paid up capital | No |
| Accounting Requirements | |
| Preparation of accounts | No accounting/reporting requirements. However, Section 65 of the IBC Act, 1994 (Amended) requires the company to keep such documents (receipts, invoices etc.) as to enable it for accounts to be prepared. |
| Requirement for audit | No |
| Accounts public accessible | No |
| Requirement to file Annual Return | No |
| Further Information | |
| Bearer shares | No |
| Confidentiality | Yes |
| Nominee services | Available |
| Need to travel | No |
| Apostille | Yes, Hague Convention 1961 |
| Owners | Individuals or Corporate |
Register your Seychelles Offshore IBC Company
- Document Notarization per document:
- Bundle of documents Notarization;
- Document Apostillation per document;
- Bundle of documents Apostillation.