The Seychelles (Offshore) Company

The International Business Companies Act 1994

The Seychelles Islands are strategically located in the Indian Ocean, between the east of Africa and India. The International Business Companies Act 1994 is the most widely used vehicles for offshore operations in the Seychelles. It normally takes the form of a private company limited by shares.

The legal system of the Seychelles is based on English Common Law and French Civil Law

Incorporation

Can be incorporated within three (3) working days.  The Memorandum of association will be filed at the Registry. This document may be either in English or French.

Statutory Requirement are minimal, and flexible :-

• There is no minimum capital requirement.

• Shares may be registered and issue in any currency.

• Shares are issued in Registered form only

• Bearer shares are no longer permitted

• Only one director and one shareholder are required.

• The same person can be the shareholder and director

• Shareholder, directors and officers need not be resident in the Seychelles and there is not stipulation as to their nationality.

• Directors and shareholders may be natural persons or corporate entities.

• No returns are needed of shareholders and directors.

• The Certificate of Incorporation and Memorandum and Articles of Association are the only documents to be held on the public record if no filing done.

Taxation 

Seychelles International Business companies are exempt from all taxes on income derived outside of the Seychelles.

Please do not hesitate to contact Ms Peggy, Tel 6533 7393 Ext. 115 if you require any further information.