The Seychelles - International Business Company

Seychelles Company Incorporations
Company TypeTime to IncorporateCost
IBC 2 days £480

 

The International Business Company is the most widely used vehicle for offshore operations in the Seychelles. It normally takes the form of a private company limited by shares, and is regulated by the International Business Companies Act. Statutory requirements are minimal, and flexible:

Law and Taxation

The principal corporate legislation governing IBCs is the International Business Companies Act (IBC Act) 1994.

IBCs are exempt from taxation on business activities or transactions carried on outside the Republic of Seychelles, and although there are no specific laws to govern secrecy in relation to companies, the English common law imposes the duty for professionals to keep the affairs of their clients confidential.

Seychelles Investments

An IBC may hold shares and other securities in a domestic company in the Seychelles. It may also buy bonds or other securities issued by the Government of the Seychelles. An IBC may also own or manage a vessel or aircraft registered in the Seychelles under the Merchant Shipping Act, 1992.

Share Capital

There is no minimum share capital required and the share capital can be denominated in any currency. Shares may be issued with nominal or no par value and bearer shares are also allowed. An IBC may amend its Memorandum & Articles of Association to increase or decrease its authorised capital. The Registrar must be informed of any increase or decrease in authorised capital within thirty days.

Public Records

The Registrar only maintains copies of the Memorandum and Articles of Association as well as copies of the certificate of incorporation and of good standing, changes of name, details of Registered Office and the Registered Agent.

Company records such as copies of the register of members and the register of directors must be kept at the registered office of that company. However, these do not have to be filed at the Registrar's office. The Registrar only needs to know the address where such records are kept.

IBC Conditions

IBC status is granted subject to certain conditions:

Offshore status

IBCs are permitted to carry out various activities within the Seychelles without compromising their offshore status under the Act. These include:

Incorporation Fees
Next Page
Order Your Company

 

Timescale Cost
2 days £ 480

Company Namecheck

Please enter the Company Name you wish to incorporate

Ask us a question about incorporating in  Seychelles

We try to answer all questions within a few hours.

Seychelles key points

  • Only 2 days to incorporate
  • Cost of incorporation is £480
  • An IBC requires only 1 director of any nationality
  • Only 1 shareholder required with no restriction upon nationality or residency
  • The names of directors and shareholders are not held on any public record in the Seychelles or disclosed to the Seychelles government
  • No minimum share capital requirements
  • A Seychelles offshore company is exempt from all taxes
  • We provide you with full expert assistance throughout every step of the company formation process
Formacompany Ltd
11 Church Road
Great Bookham
Surrey
KT23 3PB
United Kingdom