Seychelles - IBC Company Incorporation

Company Type	Time to Incorporate	Cost
IBC	2 days	£680

The International Business Company IBC is the most widely used vehicle for offshore operations in The Seychelles. The governing legislation is the International Business Companies Act 1994.

Features of a Seychelles International Business Company

• The Offshore company may use any name which is not already taken in the Seychelles.
• The company name may be in any language and can use a suffix indicating Limited Liability, such as: Limited or Ltd., Corporation or Corp., Incorporation or Inc., SA, GmbH.
• One director and one shareholder are required.
• Shareholders, directors and officers need not be resident in the Seychelles. There is no stipulation as to their nationality.
• No minimum capital requirement.
• No business may be transacted with residents of the Seychelles.
• Accounts need not be kept.
• No returns are needed of shareholders, directors or officers.
• Shareholders and directors meetings need not be held in the Seychelles and can be held by telephone.
• The Memorandum and Articles of Association are the only documents to be held on the public record.

Officers of the Company

• The Director can be a person or a Corporation.
• Directors may be of any nationality and may reside anywhere.
• No requirement for an Annual General Meeting. The Directors may hold meetings in any country. Shares may be either registered or bearer and may be issued in any currency
• Nominee Directors can be provided.

Activities and Rules

No ownership interest in real property in the Seychelles is permitted. Property may be leased for office use only. Engaging in the business of company management or providing registered facilities for Seychelles-incorporated companies is not permitted.