The Seychelles comprises of a group of small islands situated in the Indian Ocean, to the north of Madagascar. The capital Victoria is located within Mah, the main Island. The Seychelles is becoming one of the most attractive offshore financial international centres, due to the incentive laws implemented by its government. Investment Promotion Act was enacted in 1994 to encourage incoming investments. This jurisdiction offers total confidentiality and anonymity and is recommended for high profile trading operations. It has excellent up-to-date telecommunications network and advanced professional and technological infrastructures.
The International Business Companies Act 1994 allows significant flexibility for this type of corporate vehicle. Along with minimal filing requirements and low government fees an IBC incorporated in the Seychelles represents excellent value for money. A Seychelles IBC is not permitted to trade or to own a real estate within Seychelles or to offer the service of registered office in the Seychelles. An IBC in the Seychelles is not subject to exchange or currency controls.
Minimum of 1 directors required, of which 0 must be residents.
Corporate directors are permitted.
Director's meetings are not required
There is not a public director's register
Other notes: No restriction on location of meetings
Minimum of 1 secretaries required, who need not be residents.
Corporate secretaries are permitted.
There is not any requirement for secretaries to hold a professional qualification
Other notes: none
Minimum of 1 shareholders required
Corporate shareholders are permitted.
There is not a public shares register
Bearer shares are permitted.
No par value shares are not permitted.
Usually the Authorised share capital is 5000 shares of USD1 each.
Where some or all of the shareholders are nominees, the ultimate beneficial ownership of the shares does not have to be declared to the authorities.
A registered agent is required.
An annual return is required.
Incorporation Fee: Please see Our Fees Schedule Heading
(The package fee includes government fees, local secretary fees, local agency fees, registered office fees and our service fees, and have the following after incorporation: a) certificate of incorporation b) Original formation documents and minutes c) Five copies of M & A
Opening Offshore Bank Account: Refer to Fee Schedule
Incorporation Time: 1-2 Weeks