Seychelles International Business Company

Seychelles International Business Company (IBC)

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The most popular form of Seychelles company incorporation

Seychelles is an archipelago nation located in the Indian Ocean, east of the African continent. Consisting of 115 islands, Seychelles has a stable and democratic government. The country’s economy largely depends on fisheries, tourism, and offshore financial services.

Over the past few years, Seychelles has become one of the leading destinations for foreign investors and business setup consultants. It’s because of the country’s favorable tax laws and regulations, unmatched benefits to international businesses, including a zero-tax regime for offshore companies, and no restrictions on profits repatriation. In addition, the process of Seychelles company registration is pretty straightforward and efficient. A strong legal framework protects the privacy of company owners and allows for customized corporate structuring for unique needs.

That’s why Seychelles has become a new offshore center in the world, attracting investors with various purposes, such as tax optimization, asset protection, and international trade.

Key Features of Seychelles International Business Company:

  1. Shareholders:
    Seychelles IBC should have at least one shareholder. The company’s shares must be issued in registered form. Shareholders’ information is kept confidential, but their records must be maintained at the company’s registered address in Seychelles. Corporate entities can become shareholders in a Seychelles IBC.
  2. Directors:
    The company must have at least one director, and corporate directors are allowed. Details of directors must be filed with the Seychelles Registry within 90 days after the company is incorporated.
  3. Officers/Secretary:
    The secretary may be a natural person or body corporate, be of any nationality and need not be resident in the Seychelles. Registers of Beneficial Owners
    Seychelles IBCs must maintain a Registers of Beneficial Owners (RBO) at the office of its Registered Agent in Seychelles. A copy of the RBO should be submitted to the FIU. The person entitled to inspect the RBO can be the company’s director, member, or a person mentioned in the RBO.
  4. Registers of Beneficial Owners:
    Seychelles IBCs are required to maintain a Registers of Beneficial Owners (RBO) at the office of its Registered Agent in Seychelles.
    A copy of the Register of Beneficial Owner should be submitted to the FIU, and the information will be kept confidential and not publicly accessible. The persons entitled to inspect the RBO are the company’s director, member, or a person whose name is in the RBO.
  5. Restrictions on Name and Activity:
    Names of incorporation Seychelles IBC must end with the following words or their abbreviations:
    • Limited
    • Corporation
    • Incorporated
    • Societe Anonyme or Sociedad Anonima
    Avoid the following words:
    • Assurance
    • Bank
    • Building Society
    • Chamber of Commerce
    • Chartered
    • Co-operative
    • Fund
    • Imperial
    • Insurance
    • Municipal
    • Mutual Fund
    • Royal
    • Trust
    Note: A Seychelles International Business Company cannot carry on business in Seychelles. The entity may not own real estate or undertake insurance, banking, & registered agent business without obtaining a special license.
  6. Local Requirement of a Seychelles International Business Company:
    • Maintain a registered office address within Seychelles
    • Appoint a Seychelles resident as a registered agent
    We provide these services as part of the domiciliary services.
  7. The time period for Seychelles Company Incorporation:
    Incorporation of a Seychelles IBC can be achieved within 24 hrs. However,It may take around a week to receive documents after the company is Incorporated. We also offer ready-made companies if you’re looking for an immediate purchase.
  8. Annual Reporting:
    A company shall keep reliable accounting records that are sufficient to show and explain the company’s financial transactions and the registered agents are required to keep in their file the accounting records for a period of 7 years from the transaction date..
  9. Taxation of a Seychelles International Business Company:
    Seychelles IBC are non-resident companies, they are not entitled to tax residency certificates and are exempted from local taxation. Also, they cannot avail of benefits from Double Tax Avoidance Agreements.
  10. Confidentiality of a Seychelles International Business Company:
    The Republic of Seychelles is an independent country. Also, unlike many other offshore tax havens, the country is not subject to the EU Savings Tax Directive. Therefore, Seychelles avoids information-sharing agreements with foreign companies and countries for financial aid. This ensures full confidentiality in the Seychelles corporate and business legislation.
  11. Seychelles International Business Company Renewal:
    The anniversary date of a Seychelles IBC marks the renewal date of the company’s registration. Late payment for up to 90 days results in a 10% penalty fee and 50% for over 90 days late. After this time period, the Registrar of Companies will strike off the company from the Registry for non-payment of fees.
    The following documents must be submitted for renewal:
    • Declaration of annual returns
    • Latest valid passport copy
    • Recent utility bill for address proof of shareholder/director
    • Latest certificate of incumbency, if applicable

Required Documents for Seychelles IBC Set Up

KYC Documents for individual Director/Shareholder:

  1. Original passport or an original notarized copy of the passport
  2. Utility bill as a proof of address (dated less than 3 months)
  3. Bank reference (dated less than 3 months records and with a minimum 2 yrs business relationship with the bank)
  4. Detailed CV
  5. Professional reference letter
  6. Dully filled FATCA Form
  7. Notarized US Declaration (applicable to US clients)

KYC for Corporate Director/Shareholder:

  1. Certificate of Incorporation
  2. Registered address and place of business
  3. Certificate of Current Standing if incorporated more than 1 year
  4. Memorandum & Articles of Association
  5. Register of Directors
  6. Register of Shareholders

Note: All documents of the must be certified by a Lawyer or Certified Public Accountant

Incorporation of a Seychelles International Business Company begins from USD 1,610/-

Our company acts as a one-stop solution for Seychelles International Business Company incorporation services. We’ve helped many individuals set up their Seychelles IBC.

Furthermore, we offer professional and affordable services for business setup in Dubai and other emirates in UAE. We have a team of experts to provide you with accounting services in UAE, VAT Consultancy, ESR services, Shared CFO, UBO Declaration, UAE Corporate Tax, AML in UAE and onshore (Free Zone) or offshore company formation in the UAE.

If you are looking for Seychelles International Business Company set up, please get in touch with us for professional assistance.

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

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OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

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Jumeirah Lakes Towers,
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GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
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AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

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