Incorporation of Seychelles (Offshore) Company

The International Business Companies Act, 1994

The International Business Companies Act 1994 is the most widely used vehicle for offshore operations in the Seychelles. It normally takes the form of a private company limited by shares.

The legal system of the Seychelles is based on English Common Law and French Civil Law. Statutory requirement are minimal and flexible:-

1. There is no minimum capital requirement;

2. Shares may be registered and issued in any currency;

3. Shares are issued in Registered form only;

4. Bearer shares are no longer permitted;

5. Only one director and one shareholder are required (can be same person)

6. Shareholder, directors and officers need not be resident in the Seychelles;

7. Directors and shareholders may be natural persons or corporate entities;

8. No returns are needed of shareholders and directors;

9. The Certificate of Incorporation and Memorandum and Articles of Association are the only documents to be held on the public record if no is filing done. 

Seychelles International Business companies are exempted from all taxes on income derived outside of the Seychelles.