Seychelles

Seychelles - IBC/Other jurisdictions

The state of Seychelles is located in the Western Indian Ocean on an archipelago of more than 100 islands. The territorial distance from the East coast of Africa is about 2,000 km.
 
The Seychelles, discovered by the Portuguese at the beginning of the 16th century, was occupied by France from the second half of the 18th century, but in 1814 year - according to the Treaty of Paris - officially passed into the possession of Great Britain. And only in 1976, as a result of many years of struggle, the country gained independence. According to the constitution, the Seychelles is a republic, the head of state is the president, and the legislative body is the National Assembly (parliament). Seychelles - members of organizations UN, OAU (Organization of African Unity), British Commonwealth.

The economy of Seychelles is based on tourism, agricultural and fishing industries. Recently, the provision of financial and corporate services has become increasingly important.
 
The current legislation on international companies in the Seychelles has been in force since 1994 - Seychelles International Business Companies Act of 1994.

  • Basic information about jurisdiction

    Area - 455 square meters. km
    Population - 80.000
    Political status - Republic
    Capital - Victoria      
    Official languages - English, French, Creole.
    Official currency - Seychelles rupee (SCR)
    Time zone– GMT+4

  • Company type

    International Business Company (IBC)

  • Directors of the company

    Quantity: at least one

    Status: natural or legal persons
    Residents: residents of any country
    Information about directors: only from a registered agent at Seychelles
    Nominee directors: allowed

  • Shareholders of the company

    Amount: at least one
    Status: natural or legal persons
    Residents: residents of any country
    Information about shareholders: only from a registered agent at Seychelles
    Nominee shareholders: allowed

  • Secretary Company

    There are no requirements for the position of secretary

  • Authorized capital of the company

    Standard declared capital - 5.000 USD.
    There are no requirements for payment of this capital or part of it.

  • Company name

    Must end with the words' 'Incorporated' ',' 'Corporation' ',' 'Limited' 'or the abbreviations'' Inc. '', '' Corp. '', '' Ltd. '', '' GmbH '', ' 'S.A' '. Registration of titles containing the words '' Bank '', '' Insurance '', '' Trust '', '' Assurance '', '' Imperial '', '' Royal '', etc., is allowed only after obtaining the appropriate licenses .

  • Information about the real owner of the company

    Information about the real owner is provided only to the registered agent and is confidential.

  • Annual Return

    Requirements for the submission of the annual report is not put forward.

  • ФFinancial Statement

    Requirements for the submission of a financial statement is not put forward.

  • Taxation

    Taxation of companies IBC – 0%.

  • Double tax treaties

    Since IBC companies are not residents (taxpayers) of Seychelles, they are not subject to the interstate agreements concluded by Seychelles.

  • The term of registration of a new company

    6-7 business days; The term of receipt of the full package of documents is 5-6 weeks.

  • Acceptance of third-party companies for service FIVECONSULT

    Only in consultation with the previous serving agent in the Seychelles.

  • A set of constituent documents of the company

    1)registration certificate (Certificate of Incorporation);
    2) the articles of association / Memorandum and Articles of Association, signed by the first founders of the company (Subscribers);  
    3) two unfilled (blanco) general power of attorney (General Power of Attorney), signed by the nominee director;  
    4) confirmation of the nominal director of the transfer of the company to its actual owner (Agreement for the provision of nominee services and indemnification of the nominee);  
    5) nominee director's Resignation letter, signed, but without a date;  
    6) share certificates (Share Certi ficates), signed by the nominee director;  
    7) company stamp. 

  • "Ready-made" companies

    Buying "ready-made" companies is possible. Shelf companies are always available.
  • FIVECONSULT comment:
    Seychelles is a classic tax-free jurisdiction that does not require complicated maintenance procedures and annual reporting of the company.
    It is important to note that Seychelles is an independent republic. Therefore, compared with the colonies or dependent territories, subject to changes in the code of laws in the parent state, the country's legislation is much more stable. options.

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