Seychelles Offshore, known as seychelles IBC, by the definition of the law, is not subject to any tax or commitment on income or any emoluments. A shareholder of a Seychelles IBC is furthermore not subject to any tax on his emoluments derived from the IBC
Seychelles Offshore Company
Seychelles Offshore - International Business Company (IBC)
Seychelles Offshore Company or IBC is similar to the most popular international business company, the BVI IBC, and in some respects even exceeds that benchmark model of offshore corporation. Since the introduction of the Seychelles International Business Companies Act in 1994, over 100`000 Seychelles IBC`s have been registered, with more than 600 new offshore companies being registered every month.
The formation, tax benefits and general structure of a Seychelles IBC is regulated by the Seychelles International Business Companies Act 1994
The names of directors and shareholders of a Seychelles IBC do not appear on the public record and when registering a new IBC, the Registrar of Companies does not require any data whatsoever on who is the actual beneficial owner of the new company. These details, such as the company’s beneficial owners, directors and shareholders are only known to the licensed Registered Agent of the company. Similarly the internal corporate files of the IBC are kept at the offices of the Registered Agent and are completely confidential.
PROVISION AGAINST CONFISCATION
Where any foreign governmental authority, by way of nationalisation, expropriation, confiscation, force or duress, or by imposition of any confiscatory tax, assessment or other governmental charge, takes or seizes any shares or other interest in a Seychelles IBC, a Seychelles court decision may be obtained ordering the company to disregard the attempted seizure and continue to respect the rights of the shareholder of the Seychelles IBC.
An IBC is a full bulletproof vehicle for your trade or investment. Just as for a GBC 2 in Mauritius, your assets is protected by Law.
Main characteristics of the Seychelles International Business Company
|Income Tax and Business Tax in Seychelles||None|
|Conduct business Internationally||Yes|
|Conduct business within Seychelles||No|
|Formally considered as resident in Seychelles||No|
|Official language / language of documents||English|
|Minimum paid-up capital||No minimum requirement|
|Minimum number of directors||One|
|Minimum number of Shareholders||One|
|Non Resident Director||Allowed|
|Registered Agent and Address in Seychelles||Required|
|Register of Members filed for public record||No|
|Disclosure of beneficial owners to Registrar||No|
|Corporate Seal||Not required|
|Keeping of accounting records||Required|
|Auditing of financial accounts||Not required|
|Filing of financial accounts||Not required|
|Subject to currency controls / restrictions||No|
|Redomicile a foreign company into Seychelles||Yes|
|Redomicile a Seychelles company abroad||Yes|
|Net time to incorporate||1-2 business days|
|Ready-made (shelf) companies||Available|