Seychelles International Business Company is a private company, which is designed to engage in any lawful business outside Seychelles. Seychelles has been offering clients offshore formation packages since the passing of the International Business Companies Act in 1994. With new Act 2016 which came into force, The Act makes provision for a strong and attractive regulatory framework (according to the Financial Standard), contributing to continued competitive and sustainable growth for Seychelles as an International Financial Services Centre. and has grown rapidly in the sector due to its flexible structure, exceptional protection regulations and enabling legislation, making it among the best jurisdictions for offshore company formations.
An IBC is ideal for a company that intends to carry on international trading, marketing, consultancy services, logistics, IT services, Holding company. It takes 1-2 business days to incorporate an IBC.
Seychelles IBC | Corporate Details |
General |
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Type of Entity | IBC |
Registered Office in Seychelles | Yes |
Shelf company availability | Yes |
Name Reservation | 1 Business day. Approved and Reserved for 30 days |
Our time to establish a new company | 1-2 Business Days |
Company Name is required to end with the word or Abbreviation | – Limited – Corporation – Incorporated – Ltd – Corp – Inc |
Corporate Taxation | Yes for IBC’s operating within Seychelles |
Access to Double Taxation Treaties | No |
Share capital or equivalent |
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Standard currency | USD (local currency Seychellois Rupee SCR) |
Permitted currencies | Any |
Minimum paid up | No minimum |
Usual authorized | USD 50,000 |
Bearer shares allowed | Yes (but required to be immobilized by the registered agent) |
No par value shares allowed | Yes |
Directors |
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Minimum number | One |
Local required | No |
Publicly accessible records | No |
Location of meetings | Anywhere |
Corporate directorship allowed | Yes |
Shareholders |
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Minimum number | One (which can be the Director) |
Publicly accessible records | No |
Corporate shareholder allowed | Yes |
Location of meetings | Anywhere |
Company Secretary |
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Required | No |
Local or qualified | No |
Accounts |
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Requirements to prepare | Yes |
Audit requirements | Yes for IBC’s operating within Seychelles |
Requirements to file accounts | Yes for IBC’s operating within Seychelles |
Publicly accessible accounts | No |
Other |
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Requirement to file annual return | No |
Migration of domicile permitted | Yes |
An IBC is required to keep reliable accounting records that are sufficient to show and explain the company’s transactions. A Company’s accounting records shall be kept at its registered office in Seychelles or such other place as the directors think fit ( which may be outside Seychelles) (IBC Guidelines section 31).
A company shall no later than 31 December in every year of which it was incorporated furnished to its Registered Agent in Seychelles an annual return declaration. The Annual return is a document that confirms on a yearly basis the address where the company’s minutes and resolutions & accounting records are being kept. This document is not filed with the FSA or any other Authority. Instead, this document is kept on the company’s file at the registered office.
We are a licensed Corporate Service Provider in Seychelles offering company formation and management, together with the comprehensive advice and support that will assist companies of all sizes to establish business operations successfully in Seychelles.
We are a licensed Corporate Service Provider in Seychelles offering company formation and management, together with the comprehensive advice and support that will assist companies of all sizes to establish business operations successfully in Seychelles.
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