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Seychelles IBC - All Inclusive Packages From - 770 UK £ - 1185 - 1150 USD $

Seychelles IBC Legislation

The international Business Companies Act 1994 is the governing legislation for the formation of the versatile and most widely sought type of company, through which legitimate international business, including trade, commerce and investment activities are conducted.

The legal system is based on English Common Law and French Civil Law.

Seychelles Company Structure

IBCs do not require more than one director

For the registration of Seychelles IBCs shareholders and directors may be of any nationality and residents of any country

One shareholder and one director are allowed. The same person can be the shareholder and director

The directors do not have to be shareholders

Directors and shareholders may be natural persons or corporate entities

The minimum requirement of Seychelles corporations is one shareholder and one director who may be the same person

Nominee shareholders and directors are allowed and we provide these Seychelles offshore services

There is no statutory requirement for officers; however, if officers are required they can also be directors and shareholders

Shareholders and Directors may be of any nationality and reside in any country

Directors and shareholders may be either a natural person or a corporate entity

Seychelles Companies Shares and Capital Requirements

For company registration there is no minimum or maximum Authorized Share capital; however, the recommended capital is 100 USD to 100,000 USD to pay the minimum statutory incorporation fee. There is also an annual fee which is the same at incorporation.

There are no minimum or maximum capital requirements for a Seychelle company

Shares can be issued with or without Par Value

Shares are issued in Registered form only, Bearer shares are no longer permitted

Shares of the Seychelles corporation may be issued in a variety of forms and classifications and may include: Par or No Par Value, voting or non-voting, Preferential or Common and Nominal

Shares may be issued for money or for other valuable consideration

Shares may be issued before any payment is made. Shares can be issued in any currency

Seychelles Offshore Company Taxation

International Business companies are exempt from all taxes.

Seychelles IBC Meetings/Books/Records

Seychelles IBCs do not need to hold Annual General Meetings of its shareholders. If such a meeting is decided on, it may be held anywhere in the world and by any means including by telephone or other electronic means, once the shareholders can communicate effectively with each other

Directors meetings are not required

When a meeting of shareholders and directors is held, a proxy may represent a shareholder or director and speak or vote on his behalf

There is no requirement to prepare or file any accounts or financial statements

There is nor requirement to have an auditor

If meetings of an IBC are held, then the company shall keep:

Minutes of the meeting of its shareholders and directors

Copies of all resolutions by shareholders and directors

The records and Minutes of the above meetings shall be kept at the registered office or any other place as the directors determine and the company shall inform the Registrar of the address of the other place.

A Register of all directors must be kept and maintained.

A Share Register must be kept and maintained. The register may be in such form as the directors may approve, but if it is in magnetic, electronic or other data storage form, the company must be able to produce legible evidence of its contents.

The Registers of directors shall be kept in any place as the directors determine and the company shall inform the Registrar of the place at which they are kept.

Seychelles Companies Confidentiality/Privacy

Only one shareholder and one director are required for incorporation of the International Business Company (IBC). Their names appear on the public record therefore we can offer nominee service to maintain the owner's privacy.

Seychelles Company Time Frame

Incorporation is very efficient and usually can be completed within four (4) working days.

Company documents are shipped via express mail and one to three days must be allowed for the package to arrive, depending on where the final destination is.

Seychelles IBC Annual renewals

Annual renewal fees (Government Fees, Registered Office fees, and if required Nominee Service fees) are paid every year on the anniversary of the Seychelles corporation formation and every anniversary thereafter. We will provide this service for you.

Seychelles IBC Restrictions

An International Business Company incorporated in the Republic of Seychelles shall not:

Do business with residents of the Seychelles

Own interest in real property in the Seychelles

Carry on business in banking or trust and insurance or re-insurance business except if the appropriate license is granted

Provide company management or registered offices for Seychelles IBCs

But it may do the following in the Seychelles:

Have professional contract with local lawyers, accountants, investment advisors, etc.

Hold meetings of shareholders, directors in the Seychelles

Own shares in other Seychelles Companies under the IBC Act or the 1942 Companies Act

Own government or central bank securities

Own vessels which are registered in Seychelles

Have its shares held by a resident of the Seychelles

Seychelles Companies Names

The name of an IBC must end with a word or phrase or the abbreviation thereof which indicates limited liability. Examples are: "Ltd", "Limited", "Corp", "Corporation", S.A.", "Societe Anonyme".

The name of an IBC shall not end with a word or phrase which may suggest the patronage of Government. Words, phrases or abbreviations thereof such as "Seychelles", "Republic" "Government", "Govt" or "national" shall not be used. Also words such as Bank, Assurance, Building Society, Chamber of Commerce, Foundation, Trust, etc. may not be used without special permission or license.

It must have a registered office in the Seychelles with a physical address. We provide this service to you.

These are recommended companies, some of the most stable offshore structures on the market. We offer both new incorporations and shelf companies from this jurisdiction.

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