Seychelles - The Benefits
Why form a corporation in Seychelles?
The main reasons for a Seychelles Company formation are as follows:
- Classic IBC features - Seychelles IBCs are heavily modelled on BVI laws.
- Excellent value for money - low annual Government license fee.
- Subject to nil taxation - in Seychelles on foreign income.
- Privacy and asset protection - including no requirement for disclosure of benefial owner's details to the Seychelles Government, and no public register of shareholders or directors.
- Ease of administration - no requirement to file financial accounts or annual return in Seychelles.
- Register or bearer shares permitted.
- Stable and independent country.
Time taken to incorporate
1 - 2 days
Directors
IBC - Minimum one - Corporate director allowed - No restriction
Secretary
IBC - One secretary - Corporate secretary allowed - No restriction
Accounts
IBC - Accounts not required