| Legal System |
English Common Law and French Civil Law. |
| The System of the Common State Registrar |
Government of Seychelles Companies Registry.
A company is registered and operates as International Business Company. |
| Registration Procedure |
Documents are submitted to the Registrar on paper.
The beneficial owner is not required to be present at the registration and filing procedures. |
| E-Registration |
Not available. |
| Pre-incorporation Procedures (statement of compliance, affidavit, etc) |
Not Applicable. |
| Company Name |
Prior approval of the name is required. Name of a company shall contain the words " Incorporated" , " Corporation" , " Limited" or " Ins" , " Corp" , " Ltd." , " GmbH" , " S.A." .
The "restricted names" for a Seychelles IBC are those that contain the words "Assurance", "Bank", "Building Society", "Chamber of Commerce", "Chartered, "Cooperative",
"Imperial", Insurance", "Municipal", "Trust", "Foundation", or a word conveying a similar meaning, or any other word that, in the opinion of the Registrar,
suggests or is calculated to suggest the patronage of or any connection with Seychelles or the Government of Seychelles or with
any other country or the Government of that country. |
| Incorporation Documents |
Memorandum & Articles of Association. Original documents shall be drawn up and kept in the English or French language. |
| Share Capital |
The minimum share capital is not specified. .
Standard authorised capital USD 5.000.
Most common: USD 1000 divided with shares value of EUR 1 each. |
| Beneficial Owner |
The beneficial owner can be any physical person. The information about company's beneficial owners is confidential and is kept at the offices of the Registered Agent, not becoming part of public record. |
| Shareholder |
At least one shareholder (physical person or legal entity). Each Seychelles IBC company must file a Register of its Shareholder/s with the Registered agent in Seychelles.
Transfer of shares into trust and use of nominee shareholder is allowed. |
| Director |
A minimum of one director. The director may be a physical person or a legal entity. Each Seychelles IBC company must file a Register of its Directors with the Registered agent in Seychelles. Nominee directors allowed. |
| Secretary |
A secretary is required. |
| Registered office |
A registered office Marshall Islands is required. |
| Residency |
Is determined by the place of management of the company. |
| Income Tax |
0% |
| Taxes on Dividends |
0% |
| Taxes on Capital Gains |
0% |
| Taxes on Interest |
0% |
| Tax Withheld at Source |
None. |
| VAT |
0% |
| Specific National Taxes and Levies |
0% |
| Reporting |
Internal accounting is required. No requirements for the preparation and filing of Annual Return and Financial Statement. |
| Audit |
Not required. |
| Cost Accounting Rules |
None. |
| Tax Administration |
All non-resident domestic entities are statutorily exempted from taxes in the RMI. |
| Use of Tax Treaties |
More than 15 countries. |
| Terms of Use of Tax Preferences |
Activities outside of the Seyschell. |
| Controlled Foreign Corporation in Jurisdictions with Low Tax (CFC) |
Not Applicable. |
| Disclosure of Information |
Information about beneficiaries is revealed by the decision of a Court. The registration agent is required to disclose information about the beneficial owner and to keep a register of Directors. |
| Language |
English or French. |
| Registration of Company |
From EUR 2 000. |
| Administration of Company |
From EUR 950 per year. |