| + nominee director for 1 year + nominee shareholder for 1 year + Power of Attorney |
+ 500 USD |
| + account with Rietumu Bank | + 300 USD |
Offshore in Seychelles
Our firm provides services for remote registration of offshore companies in Seychelles. Our basic offer includes the following services:
• Consulting on Seychelles business formation
• Collection and translation of necessary documents
• Provision of nominee directors and shareholders
• Provision of a registered office address for the new company
• Filing of applications with the government authorities of the Republic
• Opening an account in an offshore bank
• Full mail forwarding and secretarial services
We always have ready-made companies in Seychelles available, which you can purchase from us at any time. The transaction processing takes from 30 minutes to an hour. In addition, we offer the connection of processing for accepting payments on the website of a Seychelles company. We provide a full range of tools for managing the created enterprises.
Below you will find information about the advantages and disadvantages of companies registered in the “Seychelles” offshore.
Company in Seychelles
Seychelles is considered to be a classic offshore jurisdiction. However, in many countries doing business in Seychelles will be considered dubious. This can certainly affect the attitude of counterparties from more reputable jurisdictions. Therefore, for conducting, for example, IT business, the islands are not very suitable due to the existing requirements of payment systems and banks to disclose beneficial owners
Further some features of the island’s legislation are given:
• No disclosure requirements for beneficiaries
• Keeping the register of directors and shareholders at any address (on the islands)
• Zero taxation of activities outside the country
• No reporting requirements
• Minimal accounting requirements
• No share capital payment requirements
Key information for those wishing to open an offshore company in Seychelles:
| Company Types | IBC (International Business Company) |
| Possible name endings | Inc. / Corporation / Company / Incorporated / Corp. / Limited Societe Anonyme / Sociedad Anomina / Ltd. / LLC / a Responsabilite Limitee / Societe / Public Limited Company / Berhad / Besloten Venootschap / Proprietary / Aktiengesellschaft / Namloze Venootschap / GmbH / S.A.R.L / S.A. / Bhd / Pty / PLC / A.G / NV / BV |
| Corporate legislation | The IBC Act (1994) |
| Authorised share capital | 100,000 USD (declared) |
| Is payment of the authorised capital required | NO |
| Are bearer shares allowed | YES |
| Shareholders | min. number 1 nominee allowed YES legal entity allowed YES |
| Directors | min. number 1 nominee allowed YES legal entity allowed YES |
| Confidentiality | Register of directors and shareholders is closed. Disclosure of information only by court order |
| Taxation | None |
| Accounting required | Simplified record keeping is mandatory. Can be stored at any address. Must be provided at the request of government agencies, the court, the registered agent. |
| Reporting required | NO |
| Registered office required in the territory | YES |
| Registered Agent | Required. An Agent is a legal entity operating in the country and providing offshore services for filing reports, keeping accounting and other documents. |
| Shareholders’/Directors’ Meetings | May be held anywhere |
| Annual maintenance fee | without nominee service – 450 USD with nominee service – 949 USD |
Company in Seychelles
The procedure for registering a company in Seychelles is distinguished by its timeframe. You can register an offshore company in Seychelles in just 2 days. However, for various reasons, it can take up to two weeks to remotely open a company in Seychelles.
The procedure requires a minimum set of documents. It is important that they may not contain information about the owners of the business.
Information required to register a company in Seychelles:
1. Company name (unique)
2. Memorandum of association
3. Articles of association
4. Copies of foreign and domestic passports of directors and shareholders
5. Verified addresses of shareholders and directors
Offshore Seychelles
Seychelles is a small state located in the Indian Ocean on 115 islands. Seychelles is one of the most sought-after offshore jurisdictions. About 90,000 companies are registered here, and every year the number of people wishing to open a business in Seychelles is constantly growing.
Corporate law of the islands is represented by the International Business Companies Act, adopted in 1994. Thanks to this law, a Seychelles company is an excellent tool for conducting confidential transactions.
According to the Organization for Economic Co-operation and Development (OECD), Seychelles is on the “white list” of offshore jurisdictions. This means that companies in Seychelles can count on cooperation with major international banks, as well as on obtaining processing services and accepting payments on their websites in “prestigious” processing centers. Unfortunately, the commissions for companies from this jurisdiction will be significantly higher than, say, for European companies.
If you are interested in a company in such a popular offshore as Seychelles, our consultants will provide you with up-to-date information and take the necessary steps to open your business in this jurisdiction. Contact us.
