Seychelles Company Setup FAQ
Seychelles has become a globally recognized jurisdiction for offshore company formation, offering a flexible, fast, and confidential setup process. As an island nation located in the Indian Ocean, Seychelles is known for its robust offshore legislation, political stability, and favorable tax regime. For international investors, digital entrepreneurs, and holding companies, Seychelles offers one of the most cost-effective and straightforward offshore solutions.
The most commonly registered business type is the Seychelles International Business Company (IBC). It’s ideal for international operations, asset protection, and tax optimization. IBCs are exempt from local taxes, require no minimum capital, and can be fully owned and operated by foreign nationals. There is no requirement to disclose the identities of shareholders or directors publicly, ensuring a high level of privacy.
Company formation in Seychelles is fast — typically completed within 1 to 3 working days — and does not require a physical presence in the country. Additionally, Seychelles does not impose foreign exchange controls, making it easy to move capital internationally.
This FAQ page is designed to provide clear and practical answers to the most frequently asked questions about forming a company in Seychelles. Whether you are exploring offshore structures for asset protection, digital business, or international trade, the answers below will guide you through the key steps, benefits, and legal requirements.
Frequently Asked Questions – Seychelles Company Formation
Seychelles is a highly popular offshore jurisdiction known for its streamlined company registration process, strong confidentiality laws, and favorable tax benefits. It attracts investors, entrepreneurs, and international businesses looking for an efficient and discreet way to establish a company outside their home country. With no minimum capital requirement and no mandatory local presence, Seychelles offers flexibility and ease of access, making it ideal for asset protection, international trade, and holding structures. This FAQ page addresses the most common questions about forming and maintaining a Seychelles International Business Company (IBC), helping you understand the key advantages, legal requirements, and ongoing obligations involved.
1. What is a Seychelles International Business Company (IBC)?
A Seychelles IBC is a private company designed for offshore use. It can conduct business internationally but not within Seychelles. It’s exempt from local taxes and offers fast setup, low maintenance, and strong privacy protections.
2. How long does it take to register a company in Seychelles?
Registration typically takes 1 to 3 business days, assuming all documents are correctly submitted to a registered agent.
3. Can a foreigner own 100% of a Seychelles company?
Yes. 100% foreign ownership is allowed for Seychelles IBCs. You do not need a local partner or shareholder.
4. Is a Seychelles company taxed?
Seychelles IBCs are exempt from local corporate tax as long as they do not operate within Seychelles or earn income from local sources.
5. Is my identity as a shareholder or director publicly visible?
No. Seychelles does not require public disclosure of directors or shareholders in its corporate registry. This provides a high level of confidentiality.
6. Do I need to visit Seychelles to set up the company?
No. You can form a Seychelles IBC remotely through a licensed corporate service provider. No in-person visit is required.
7. What is the minimum capital required to start a company?
There is no minimum capital requirement. You can incorporate a Seychelles IBC with a nominal capital of USD 1 or even less.
8. Do Seychelles companies need to file annual reports or accounts?
While Seychelles IBCs must maintain accounting records, they are not required to file annual financial statements or reports unless requested by authorities.
9. Can I open a bank account with a Seychelles IBC?
Yes. Seychelles IBCs can open offshore bank accounts in Seychelles or other countries. Most banks will require full KYC documentation and a basic business plan.
10. What are the ongoing compliance requirements?
Seychelles IBCs must:
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Maintain a registered office and agent in Seychelles
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Keep internal accounting records for at least 7 years
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Pay a small annual government fee to stay in good standing
We provide a wide range of offshore companies formation, administration and fiduciary services for internal and external clients worldwide. We help to maintain an offshore company in accordance with the regulations, laws and tax authorities of the foreign state in which it is registered for non-resident clients.
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