Seychelles Offshore Companies - General Information

Principal Corporate Legislation
International Business Companies Act 1994 as amended.

Type of Law
Common.

Language of Legislation and Corporate Documents
English.

Type of Company for International Trade, Investment & Tax Planning
International Business Company (IBC)

Share Capital
Standard authorised share capital is US$100,000. Minimum paid up share capital is US$1.

Classes of Share Available
Registered shares, shares of no par value, bearer shares, preference shares, redeemable shares and shares with or without voting rights.

Bearer Shares
Permitted.

Restrictions on Trading
Cannot trade within the Seychelles. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.

Registered Office Required
Yes, must be maintained in Seychelles.

Directors
The minimum number of directors is one. Director can be of any nationality and need not be resident in Seychelles. Corporate directors are permitted.

Shareholders
The minimum number of shareholders is one.

Publicly Accessible Records
No.

Nominee Shareholders and Nominee Directors
Allowed.

Location of Meetings of Directors and Shareholders
Anywhere.

Disclosure of Beneficial Ownership to Authorities
No.

Taxation
Nil.

Double Taxation Treaty Access
None.

Requirements to File Accounts
None.

Requirement to File Annual Return
None.

Audit Requirements
None.

Currency
Seychellois Rupee (SCR).

Exchange Control
None.

Language of Name
English.

Required Words
Words such as "Assurance", "Bank", "Building Society", "Royal", "Trust Company", "Trustee Company" etc. will require justification.

Name of a Company
The words Limited, Ltd, Corporation, Corp., Incorporated, Inc., Societe Anonyme или Sociedad Anomina, Public Limited Company, Societe, a Responsabilite Limitee, Berhad, Proprietary, Namloze Venootschap, Besloten Venootschap, Aktiengesellschaft or Limited Life Company , S.A., PLC, S.A.R.L, Bhd, Pty, NV, BV, A.G., LLC must be part of the name of every company.

Time to Incorporate
Two days.

Cost of Formation