Seychelles is a hot and favourite destination among investors as it is considered to be a tax haven. They can enhance their businesses, by planning tax much more effectively and to form Seychelles offshore company, thus safeguarding their assets. Forming an offshore company here in Seychelles is sure to be useful. Setting up International Business Company (IBC) offshore in Seychelles is perhaps the most suggested business form for international entrepreneurs.
Offshore company, generally means a business that is formed with a specific purpose to complete wide range of activities away from the country, where it is registered. Formation of offshore company in Seychelles also is the right way to safeguard personal asset. This needs to be established in AOA (Articles of Association) by the company founders, for the business to be regarded as offshore company.
Our Seychelles company incorporation specialists can offer necessary details and information pertaining to offshore company formation in Seychelles including the conditions to follow. We also provide foreigners seeking to form Seychelles offshore companies with specialised formation services.
Legislation pertaining to forming Seychelles offshore company
International Business Co. Law, amended last in 2016 is stated to be the main law that governs offshore company establishment in Seychelles. The offshore company’s other name is offered by the law’s name, which is IBC or International Business Company. Another law which offers offshore company formation is Seychelles Commercial Code. It provides essential legal forms to be registered in the form of IBC companies. The best example with regards to business forms that any foreigner seeking to set up Seychelles offshore company can use is anonymous company.Requirements to form Seychelles offshore company
IBC Act provides the necessary essentials to be fulfilled to perform certain procedures to form Seychelles offshore company. Such requirements require having minimum 1 director & 1 shareholder. No restrictions are imposed upon pertaining to the directors or shareholders’ nationality. Besides this, the director is not necessarily required to be a resident of Seychelles. Moreover, the company can keep several directors as desired by the shareholders. Also can be used corporate directors to ensure efficient and smooth offshore company management. One shareholder is to act as company director. Seychelles IBC company, when compared to other company types do not need appointing a secretary. Offshore company is to have a trade name in any language. A useful tip to follow is to keep English names as it is used mostly by businesses operating in Seychelles. The other essential requirement to set up offshore company is to have legal or registered address in Seychelles. Having virtual office will fulfil this requirement. Our offshore company formation specialists in Seychelles can provide virtual office solutions including nominee services pertaining to company directors and shareholders. We do provide Seychelles VAT registration. Documents necessary to set up offshore company in Seychelles Offshore company in Seychelles can be formed by foreign enterprises by preparing and filing essential documents given below with Companies Registrar: Company information like articles of association and certificate of incorporation, for legal entities.- Personal information like certified passport copies for natural persons.
- Residential address proof in Seychelles like 3 months utility bill.
- The Registrar in certain cases may request bank references showcasing investor’s good standing.
- Our local agents are knowledgeable enough to offer assistance to prepare documents necessary for IBC company registration.