In Seychelles, Protected Cell Companies (PCC) are formed under the Protected Cell Companies Act, 2003. A PCC is a Seychelles domestic company that has the right to create one or more identifiable cells so as to segregate and protect cellular assets as permitted under the Act. In simple terms, a PCC is a company which – in addition to its main, “core” level – contains a number of segregated parts, or “cells”. Each cell is legally independent and separate from the others, as well as from the “core” of the company.
Location of Meetings
Meetings by shareholders and directors may be conducted by telephone or any other electronic means providing that they are able to hear and recognise each other.
Number of Cells Permitted
Unlimited pursuant to the provisions of the Act
Continuation from IBC
Annual Accounts, Audit, Returns
Yes. Must be an International Corporate Service Provider (ICSP) in Seychelles who will be responsible for submitting and authenticating signatures on all documents which are submitted to the Authority.
Permitted Business Activities
2. Mutual Funds
3. Any other business activity approved by SIBA
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.