Seychelles Company Formation

Seychelles Company Formation
  • Classical offshore, popular jurisdiction, fully confidential.
  • Time of Seychelles company formation takes 2 DAYS.
  • Personal presence not required

Tax Rates in Seychelles

Corporation Tax in Seychelles: 25% on the first SR 1,000,000 of taxable income and 33%on the remainder. International Business Companies (IBCs) are exempt from corporation tax in Seychelles.

Income Tax in Seychelles: 15%

VAT Tax in Seychelles: 15%

About Seychelles

Country: Seychelles

Capital: Victoria

Continent: Africa

Language: Seychellois Creole

Currency: Seychellois rupee (SCR)

Time Zones: UTC+4 (SCT)

Dial Code: +248

Abbreviations: SEYC

What we can do for your Company in Seychelles

  • We do all paperwork on forming the company in Seychelles
  • Formation is completely remote
  • Can act as Secretary or Treasury
  • Provide nominee Directors/Shareholders
  • Assist with opening a bank account
  • Registration for Taxes, VAT & EORI
  • Develop a website for your business
  • Create a logo of your brand
  • Provide with full company administration services
  • Arrange a mailing address for your business
  • Arrange a virtual office for your company
  • Telephone answering service
  • Book keeping, audit & reporting
  • Preparing and submitting VAT return
  • Dealing with local authority
  • Trademark registration

Seychelles Company Formation. Seychelles International Business Company (IBC)

Main Characteristics and the basic rules of Company registration in Seychelles.

Business expansion ideas are harbored by many business owners but selecting an apt destination may not be easy. If you are looking for an offbeat but viable country for business expansion, Seychelles can be a good choice. The Republic of Seychelles, situated in the western side of Indian Ocean has 155 islands and the population is also small. However, this can be ideal when you do not want to spend a lot of amount in offshore venture expansion. You may feel interested in setting up venture in the country but for that you should try our Seychelles Company Formation services.

The independence from Britain obtained in 1976 enabled Seychelles to grow as a viable tourist destination and the business prospects have also grown manifold since that time. English is among the official languages and the country has stable government- factors that are ideal for business expansion.

A number of companies hailing from various nearby and distant countries have started operating in Seychelles in the last decade. A majority of these deal with financial services and tourism, as it is. However, with time companies belonging to several other niches are also making it their operations hub. The 1994 International Business Companies Act has paved the way for influx of foreign companies into the country. These may sound good but for starting venture here you will benefit by seeking our Seychelles Company Formation services.

The main reason for interest of foreign companies starting operations in Seychelles is low start up cost. The company incorporation process in the country does not take much time either- which is also ideal for investors from other countries. The privacy of a venture set up in Seychelles is not compromised as it has no ties with the USA or EU. However, the biggest benefit is that a Seychelles company share sale or transfer does not attract tax.

Infrastructure and logistics wise, Seychelles scores very well. It has an international airport and the telecommunications network is on par with major European countries. You can access high speed internet service here without disruptions.  This should be ideal for business expansion. The banking sector is solid and political disruption prospects are minimal.

While setting up business in the country may not be too hard, you will still benefit by seeking services of expert agencies like us. The BRIS group offers Seychelles Company Formation services for investors. Call us today for more information.

Seychelles Company FormationFinancial Advantages
Taxation:No taxes
Double Taxation Treaty Access:No Treaty Access
Seychelles Tax Information Exchange Agreements:Yes, No Treaty Access signs Exchange Agreements
Account Filing Requirements:No accounting / reporting requirements
Annual Return Filing Requirements:No annual return/ reporting requirements
Audit Requirements:No audit required.
Seychelles Company FormationRegistration Requirements
Share Capital:US$100,000 Minimum paid up share capital US$1
Classes of Share Available for Seychelles company formation:Shares with or without voting rights, redeemable shares, registered shares, preference shares, shares of no par value
Bearer Shares:Yes, Allowed
Registered Office Required:Yes required and must be maintained in Seychelles
Shareholders:Minimum number is one
Directors:Minimum number is one. Can be any nationality and need not be resident in Seychelles. Corporate directors are allowed.
Your Company language:English
Name of your Company must be ended:Limited, Ltd, Corporation, Corp., Incorporated, Inc., Societe Anonyme или Sociedad Anomina, Public Limited Company, Societe, a Responsabilite Limitee, Berhad, Proprietary, Namloze Venootschap, Besloten Venootschap, Aktiengesellschaft or Limited Life Company , S.A., PLC, S.A.R.L, Bhd, Pty, NV, BV, A.G., LLC
Documents required for Seychelles company formation:A certified copy of your passport or ID and proof of your residential address dated less than 3 months.
Seychelles Company FormationRestrictions
For Seychelles company formation you cannot use words in your company names without justification:“Bank”, “Trustee Company”, “Assurance”, “Building Society”, ”Trust Company”, “Royal” etc.
Restrictions on Trading:Not permitted to trade within Seychelles
Not permitted without a licence:Fund management, insurance, Banking, reinsurance, assurance, trust management, collective investment schemes, trusteeship business provision.
Seychelles Company FormationConfidentiality and Security
Publicly Accessible Records:No public register of company officers (Directors, Shareholders, Secretary)
Nominee Shareholders and Nominee Directors:Yes, Allowed
Disclosure of Beneficial Ownership to Authorities:No
Meetings of Directors and Shareholders to be held:Anywhere
Stability:Stable jurisdiction and exceptionally good reputation.
About Seychellesseychelles company formation
Capital city:Victoria
Region:An archipelago of 115 islands in the Indian Ocean, off East Africa.
Political System:Sovereign Democracy
Governing corporate legislation:Seychelles International Business Authority (SIBA) is the governing authority and the companies are regulated under the IBC ACT 1994
Type of Law:Common
Currency:Seychelles rupee (SCR)
Exchange Control:None.
Language of Legislation and Corporate Documents:English, French, Seychellois Creole
Time Zone:GMT+4

This publication is provided for information purposes only. This info should not be treated as a substitute for a tax or legal consultation or legislation. You should not act on the basis of the information contained in this publication without having obtained individual advice from the professional expert.

BRIS GROUP does not assume responsibility for any damage resulting from decisions made by the reader on the basis of this publication.

Our team of consultants are here to take you through the process.