Seychelles is a beautiful country located in the Indian Ocean, well known offshore for its effective business tools. Its official name is the Republic of Seychelles.
Its legal system is similar to that of the United Kingdom´s. As a tax haven for companies doing offshore activities, it is ideal for those who want to expand their business worldwide.
- Outline of Seychelles
- Merits of a Seychelles Company Formation
- Minimum Capital of a Seychelles corporation
- Procedure of seychelles company registration
- Renewal and Maintenance Fee of Seychelles Ltd
- Time required for open a company in Seychelles
- Seychelles company formation with bank account
- Nominee Service for seychelles offshore company
- Issuing Nominee Share
- Related Services
Outline of Seychelles
The Republic of Seychelles is known as the "Pearl of the Indian Sea," consisting of 115 islands located 1,600 kilometers east of Africa. The entire area is approximately 445 square meters with a population of 80,000. Its capital is Victoria, Mahe. The official languages are English, French, and Seychelles-Clareore. Sight-seeing is a popular tourist activity because of Seychelles´ beautiful seas. This makes the country especially richer than most African countries.
Many companies have already founded their businesses in the country as it is ripe for offshore expansion.
Merits of a Seychelles Company Formation
Being a tax haven, Seychelles´ location makes its laws hold up against that of more powerful countries:
- No taxes apart from an annual government license fee.
- No required financial reports and annual returns for Seychelles incorporation.
- Incorporate a Seychelles ibc with only one director and one shareholder
- Nominees are accepted
- Company can be managed offshore
- Foreign bank accounts can easily be opened, etc...
Seychelles Ibc company needs to be incorporated in the registrar of international business companies Seychelles.
Price: 999.00 EUR (1495.4 CAD)
Courier fee: 70EUR (104.78 CAD)
Minimum Capital of a Seychelles Corporation
There is no minimum or maximum amount for the authorized capital of a Seychelles corporation. A Seychelles offshore company can be incorporated with any amount of capital starting from US $1. Note that authorized capital is not the same as paid-up capital. You are not required to prepare this amount.
Procedure of seychelles company registration
Some parts of the incorporation procedures of Seychelles IBC (International Business Company) are as follows:
- Preparation and filing of all necessary paperwork for seychelles company incorporation
- Provision of initial subscriber
- Acquisition of the original Certificate of Incorporation, Memorandum of Association, and Articles of Association
- Appointment of a director and the allocation of shares
- Production of Share Certificates and Transfer Forms
- Provision of a registered addressed and agent to comply with local presence rules
Registration fees are payable to the Seychelles Government.
Renewal and Maintenance Fee of Seychelles ltd
Companies are not taxed in almost all tax-haven jurisdictions such as Seychelles. Instead, the government charges a renewal fee a source of income. All government fees for the first year are already included in the Seychelles company register process. Subsequent years will call for an annual payment of a maintenance fee amounting to 899.00EUR (inclusive of government fees and renewal procedure fees).
Time required for open a company in Seychelles
Incorporation takes between 1 to 4 working days. Corporate documents will be delivered by courier one week after obtaining the Notary Public Certificate and Apostille.Our Seychelles busines register team will form your company very fast if all required document are ready.
Seychelles company formation with bank account
With Oobac, you may choose to open any number of corporate bank account from different banks around the world without ever leaving your country. You may choose to open an account with one of our suggested banks.
Opening a bank account in Mauritius and Belize will also be very beneficial for your company, especially once you've acquired your business license:
Nominee Service for seychelles offshore company
While you can incorporate your company using your personal information, its risk is having your name, address, and other private information open to the public.
We recommend using our Nominee Service, wherein by using a Nominee Director and a Nominee Shareholder, your personal information need not be on public records that put you at risk.
For further details on the Nominee Service, refer to the following pages:
Issuing Nominee Share
Incorporating s Seychelles international business company with our Nominee Service, you get the exclusive benefit of owning shares without having to use your real name. Again, your personal information will remain confidential and unrecorded so that your business is always secure.
Related Services
Oobac offers even more tools to enhance your companys business activities and security. For more details, visit the following pages:
