Incorporation of Seychelles (Offshore) Company

The International Business Companies Act, 1994

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.

Statutory requirement are minimal and flexible:-

  1. There is no minimum capital requirement;
     
  2. Shares may be registered and issue in any currency;
     
  3. Shares are issued in Registered form only;
     
  4. Bearer shares are no longer permitted;
     
  5. Only one director and one shareholder are required (can be same person)
     
  6. Shareholder, directors and officers need not be resident in the Seychelles;
     
  7. Directors and shareholders may be natural persons or corporate entities;
     
  8. No returns are needed of shareholders and directors;
     
  9. 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.

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

Our fees (excluding disbursements) for formation / renewal of a Seychelles company are as follows:-

Provision of shelf company / incorporation new company (authorised share capital not exceeding US$50,000)

  US$ 1,500

Annual maintenance fee (renewal Government, Registered Office and Registered Agent fees)

   

Authorised share capital not exceeding US$50,000

US$ 1,300

Authorised share capital exceeding US$50,000

US$  2,000

Nominee Director (per annum) 

US$ 2,500

Nominee Shareholder (per annum)

US$ 2,500

Nominee Secretary (per annum) 

US$ 800