Seychelles Company Formation

Seychelles Company Formation

Bermuda Exempt CompanyThe Seychelles International Business Company (IBC) Company Formation

The Republic of Seychelles is a popular offshore jurisdiction because of the large number of privacy and tax advantages from which offshore companies incorporated there benefit, following the Seychelles International Companies Act. Incorporating an IBC in the Seychelles provides extensive confidentiality for the beneficial owners as company registers are not available for public inspection, and shareholders enjoy exemption from all local taxes and duties, including income tax, capital gains tax and corporation tax.

Bermuda company formation nameCompany Name

A company in the Seychelles must have a unique name, it may be in any language but the English translation must be approved. It must have a suffix of Corporation, Limited, Incorporated, GmBH, Societe Anonyme, or similar. The appropriate abbreviation can also be used.

Bermuda company formation registered officeRegistered Agent

It is a requirement that a Seychelles IBC must have a registered agent and a registered address where all official correspondence may be sent. This is provided as part of our incorporation service.

Bermuda Incorporation directorDirectors

An IBC in the Seychelles requires only one director, this can be either an individual or a corporate entity and there is no restriction on nationality. As there is no public Director Register, directors’ details are confidential.

Bermuda company formation shareholderShareholders

An IBC in the Seychelles requires only one shareholder there are no restrictions and nominee shareholders are permitted. As there is no public Shareholder Register, details of the company’s beneficial owners are confidential.

Bermuda company formation share capitalShare Capital

There is no minimum share capital and it may be expressed in any currency.

company formation filing requirementsFiling Requirements

All companies are required to keep a record of their accounts and a copy of these are to be provided to the Seychelles Agent.  Accounts records are filed twice a year 31 July and 31 January.

Holding of accounting records fee will be included in the annual renewals.

A pre-formatted annual report is to be filed every year no later than 31 December.

Bermuda company incorporation timescaleTimescale

A Seychelles IBC can be incorporated in two days once all information and proof of identity have been accepted.

Bermuda company formation feesSeychelles Company Formation Fees

Seychelles IBC Company Formation – 2 days

  • Registration of Company
  • Reserving your Company Name
  • Drafting and signing of the Memorandum and Articles of Association by the initial subscriber and witness
  • Filing documents with the Seychelles International Business Authority (SIBA)
  • Certificate of Incorporation
  • Appoint the Directors
  • Government Fee (US$150)
  • Issuing company shares
  • All official IBC registration fees to the Government
  • Issue of shares and production of Share Certificates – transfer forms and trust declarations
  • All documents and certificates supplied in a professional folder
  • Delivery of documents by FedEx / DHL courier
Seychelles Ready Made Company – same day

This includes the standard IBC company formation in the Seychelles plus:

  • Certificate of Good Standing for your Company
  • Letter of undertaking confirming non-trading company
Additional Service
Company Administration & Registered Office (required)£420
Full set of certified copies of primary documents Certificate of Incorporation, Memorandum and Articles, First Resolutions certified by Notary and Apostille for international use (required for Bank Accounts)£280
Company Secretary (if required)£400
Tax Identification Number (TIN) Application£300
Tax Identification Number (TIN) Deposit£100
Annual Renewal Fees
Company Administration

  • Provision of the Registered Office and Registered Agent in the Seychelles
  • Compliance with local domicile requirements
  • Payment of Government Fees
  • Maintaining statutory records
  • Maintenance of Shareholder Register
  • Maintenance of Director Register
  • Statutory Due-Diligence
  • 12 months basic consultation
  • Ensuring that your company is kept in good standing through payment of the annual government fee and filing of annual documents
  • Accounting Records: agents holding fee







Annual Government License FeeUS$150
Directors Register Maintenance£175


The whole incorporation process can be completed online and we will administer the preparation and filing of all registration forms on your behalf.

Bermuda company incorporation proofProof of Identity

As part of our due diligence we require proof of identity in the form of a passport copy for all directors and shareholders of the company.

Bermuda Company formation travelTravel

You do not have to travel to the Seychelles to incorporate.

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