Advantages of incorporation in Seychelles

• Limited Liability Company incorporated under the laws of Seychelles (IBC) is tax-free and exchange control-free;
• All its business activities and earned profit must be conducted outside Seychelles but the company still keeps all the benefits provided by law;
• A minimum of one Director and one Shareholder is required. They may be natural persons or bodies corporate, be of any nationality and need not be resident in Seychelles;
• Exemption from all local taxes;
• Operate an account with a local Bank;
• Low start-up cost and low annual maintenance;
• No requirement for audit or to file accounts and annual returns;
• Shelf companies are available for immediate purchase.

Company type

Limited Liability Company

Directors/Officers

Minimum One Director, allowed non-resident and corporate directors

Shareholders

Minimum one

Authorised share capital

No minimum requires, usual authorized USD 50,000

Company Secretary

Accounts

Taxation

Double-tax avoidance treaties

Seychelles has Double Tax Agreements in force with the following countries: Barbados, Botswana, China, Cyprus, Indonesia, Malaysia, Mauritius, Oman, South Africa, Thailand, the United Arab Emirates, and Vietnam.
Double Tax Agreements with the following countries have been signed but are not in force: Belgium, Qatar and Zimbabwe.

Timeframe for incorporation

2-3 working days

Shelf Companies

Description of incorporation documents

1. Certificate of Collation apostilled including the following documents:
   1. Certificate of Incorporation certified by Registered Agent;
   2. Original appointment of first Director issued by Registered agent;
   3. Memorandum and Articles of Association certified by Registered Agent apostiled.
2. Registered Agent appointment of the First Director Apostiled;
3. Directors' resolutions:
   1. Resolution of Director in writing;
   2. Resolution of Director Consented to in Writing.
4. Letter of consent and resignations:
   1. First Director Consent;
   2. First Director letter of resignation;
   3. New Director consent letter.
5. Shares: Share Certificate No.1;
6. Declaration of Trust;
7. Registers:
   1. Register of Directors and Officers;
   2. Register of Members;
8. Power Of Attorney;
9. Original Certificate of Incorporation;
10. Memorandum And Articles of Association.

Price of Seychelles Limited Liability Company

1600 Euro, including General POA in the name of Ultimate Beneficial Shareholder and first year nominee and administration fees.

Cost of annual support services

1400 Euro, including full Nominee Service (Registered Address, Director, Secretary and Shareholder costs) and renewal of General POA.

Disclosure of Beneficial Ownership to Authorities

Information and Documents required in order to register Seychelles company

• Full Name;
• Date of Birth;
• Nationality;
• Full physical and postal address ( copy of utility bills, or other “official” correspondence addressed to the client);
• Telephone;
• Fax;
• E-mail address;
• Copy of passport or national identity card duly certified by a lawyer or notary;
• One original reference letter from the individual's banker, lawyer or accountant confirming the existence of a satisfactory business relationship with the principal;
• Occupation;
• Nature of Business.