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Main corporate features
Type of Company IBC
Type of Law Hybrid
Shelf company availability Yes
Company Registration Period 1-2 days
Corporate Taxation Nil
Duble Taxation Treaty Access  No
Automatic Information Exchange Agreement Yes
Share capital 
Standard Currency US$
Permitted Currencies Any
Minimum Paid-Up Capital US$1
Bearer Shares No
Minimum Number One
Residency Requirement No
Publicly Accessible Records No
Board of Directors’ Meeting Location Anywhere
Minimum Number One
Residency Requirement No
Publicly Accessible Records No
Place of holding of Meetings of Shareholders Anywhere
Company Secretary
Secretary Appointment  No
Keeping of records
Preparation Requirements Yes
Audit Requirements No
Annual Return Yes
Account Filing Requirements No
Publicly Accessible Accounts No
Recurring Government Costs

Incorporation Fee (regardless of share capital size)

Annual Fee (regardless of share capital size) US$100

Corporate legislation

The modern legislative system is based on IBC Act of 1994 (as amended). As per the law provision an offshore company (IBC) registered in Seychelles can be engaged in any business activity worldwide.

Type of Company used for International Business and Investments 
IBC - International Business Company

Business Activities
Any activity allowed by IBC Act, 1994 (as amended), except for banking, insurance and trust activity or any other activity that can be prohibited by any current law of Seychelles.

Obligatory Requirements to IBC 
IBC should have a Registered Office and Registered Agent in the Seychelles and cannot conduct business operation on the territory of Seychelles.

IBC is exempted from taxes on 100%.

Authorized Share Capital
There is no requirements to the size of authorized share capital.
Standard Authorized Share Capital is 100,000 USD divided into 100,000 shares of  USD 1.00 each. There is no requirement for payment of share capital.

Bearer Shares
Not allowed.

Shareholders and Directors
The minimum number of Shareholders - one (physical or legal person). The minimum number of Directors - one (physical or legal person). There is no requirement to nationality and residence. One and the same  person can be director and shareholder.

Company Secretary
The secretary is not required by law. It is optional.

Disclosure of Information on the Beneficial Owner and Bank Operations
Information is not available to the third parties. 

Shareholders/Directors Meetings
Meetings of shareholders and directors can be carried out worldwide.

Filing of Annual Accounts
No. However for all companies there is an obligatory requirement to maintain internal accounting records reflecting a financial position of the organization.

Filing of Annual Return
Yes. Annual Return has to be filed on annual basis with the Registered Agent. 

Keeping of Documents of the Company
The place of keeping of operational documentation (resolution, minutes of meeting etc.) of the company is at the discretion of the directors. The exceptions are registers of directors and shareholders which are to be kept at the registered address of the company.

Registration Time Frame
IBC can be registered within 1-2 working days.

Shelf Company Availability

It is possible "to import" foreign IBC to jurisdiction of Seychelles and also Seychelles IBC can be "exported" to other jurisdictions.



General Information 
Seychelles International Business Company (IBC) is an ideal choice for those who plan to go in for consulting, own various types of real estate and/or intellectual property, or run an international business successfully.
Seychelles has won worldwide recognition as an international financial center exercising a specific policy to attract major investments, which consists in providing favorable terms for business owners, including international trade zone, trusts and international companies.
The corporate service sector offers a simple and quick registration procedure for IBCs – it takes 24 hours to incorporate a company and another 24 hours to complete the required set of documents, which includes apostille.
The banking sector represents a powerful and reliable financial instrument, which creates a basis for a long-term financial relationship.
The insurance service sector guarantees development and prosperity for your business.
Besides, what makes the Republic of Seychelles distinctive is relative immunity to administrative pressure from the USA and the European Union. Also, the Seychelles are on so-called "white list" as per OECD (Organization for Economic Cooperation and Development) requirements, which gives Seychelles-based companies access to international markets.
Surprisingly, by 2007 the country became the third most popular market among persons willing to register an offshore. Faultless legislation and regulations allow investors to count on real governmental support. The value of the offshore sector built up in 2009, 2011, 2013 and 2014 when the new legislation came into force. These changes have boosted the offshore segment and strengthened Seychelles reputation as a world-famous financial center.
International Business Companies (IBC) use a legal and well-organized business pattern, which has gained popularity and allows to launch a world-class offshore company. This is an excellent way for business owners to protect their assets.



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