Seychelles is an independent republic that belongs to the British Commonwealth. Seychelles is made up of a group of islands found in the Indian Ocean, with its largest island being Mahé and it’s capital at Victoria. Although English is the primary language used for business matters, other official languages of Seychelles are French and Creole. With a very stable government and attractive tax conditions, Seychelles is one of the best places to begin an offshore business.
Advantages of incorporating an IBC offshore company in the Seychelles islands
|Trading, Consulting, Holding, Real Estate Property etc…
|Low fixed tax for incomes made out of Seychelles
| (USD 100 per year)
|Non-disclosure of director(s)
|Non-disclosure of shareholder(s)
|No Accountancy or audit Requirements
|Everything can be done from your country
|Only one director needed to form company
|Only one shareholder needed to form company
|Banking details kept confidential
|100% foreign ownership of the company
|No minimum capital required
|Capability to obtain a UE VAT number
|Capability to apply for a financial license
|(With the CSL)
|Network of non Double taxation treaties
Our Company Formation Pack includes :
- Research and reservation of company name
- Incorporation of the company within 2-3 weeks’ time
- Registered address (mail forwarding in option)
- Statement of organizers (document that prove your company ownership)
- Bylaws (status of your company)
- Board Resolution (document required by the bank)
Opportunity in Seychelles: Form a Special License Company (CSL) to extend the range of activities of your company to the financial field
Special License Companies (CSL) are formed under the Companies (Special License) Act, 2003 (the Act). Unlike the IBC, a CSL may carry on permitted business in or out of Seychelles. The CSL entity is a Seychelles domestic company (under the Companies Act 1972), which is granted a special license under the Act. This structure has the same advantages as the IBC, but it also includes a special licence giving you the opportunity to manage financial activities. Such licence can be quite expensive in other jurisdictions.
Bank Account Opening Requirements
Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund your payment.
Copy of your passport or National ID Card
Proof of address / Utility bill (electricity, telecom) dated of less than 3 months
You resume/CV up to date with your academic and professional experiences
When possible a bank or accountant reference letter
Bank Account opening process:
- Account will be opened within 3 to 6 weeks weeks of document collection and submission to the bank
- Minimum deposit is between $ 500.00 to $ 1000.00 (depending on bank)
- Visa card/MasterCard available once you have funds in your account.
- Internet banking facilities provided (bank transfers, account checking)
Please note that all banks have the right to decline any bank account application. In the case of a rejection, we will try to open your bank account at another bank. If we are not able to successfully open an account at any bank (due to no fault of the client), we will refund the bank service fee.