The Seychelles are a group of Islands situated at the centre of the Indian Ocean.
They were granted independence from the UK in 1976 and are now a presidential republic that is also part of the Commonwealth.
In 1994 under the International Business Company's Act, a flexible legislative environment allowed for the registration of IBC's and since then the popularity of Seychelles IBC's has grown.
General |
Type of entity |
IBC |
Type of law |
Hybrid |
Minimum government fee |
US$100 |
Corporate taxation |
Nil |
Double tax treaties |
None |
Name requirements |
Limited, Corporation, Incorporated, Societe Anonyme, Sociedad Anonima (or appropriate abbreviations) |
Name restrictions |
Assurrance, Bank, Building Society, Chamber of Commerce, Chartered, Cooperative, Imperial, Insurance, Municipal, Royal, Foundation, Trust |
Change in Domicile permitted |
Yes |
Share in capital or equivalent |
Standard currency of share capital |
US$ |
Permitted currencies of capital |
Any |
Minimum paid uip share capital |
US$1 |
Usual authorised share capital |
US$100,000 |
Directors or Managers |
Minumum number of directors/managers |
One |
Local directors required |
No |
Government register/pubic record of directors/managers |
No |
Location of directors/managers meetings |
Anywhere |
Members |
Minimum number of shareholders/members |
One |
Government register/public record of shareholders/members |
No |
Location of members meetings |
Anywhere |
Company Secretary |
Company secretary required |
No |
Company secretary, local or qualified |
No |