Are situated in the Indian Ocean southward of equator with total territory of 176 sq miles and population - 78 000 people. There are three official languages - English, French and local Creole. National currency of Seychelles is Seychelles rupee. 1 USD = 6.50 SCR
| Advantages | Stable political and economical environment Relatively low costs of company registration |
| Corporative legislation | The International Business Companies Act, 1994 Business Tax Act, 1997 |
| Form of tax-exempted company | IBC (International Business Company) |
| Authorized business activities | All and any activities not prohibited by the law Providing of banking, insurance and re-insurance, trust services is subject to special license |
| Prohibited activities | Transactions with the residents of Seychelles, ownership of real estate on the territory of Seychelles |
| Taxation | IBC company is discharged from Business Tax, withholding tax and Stamp Duty |
| Name of company | Name of the company can be in registered any language (must be translated into English or French) Words Limited, Corporation, Incorporated, Societe Anonyme or Sociedad Anomina,Public Limited Company, Societe, a Responsabilite Limitee, Berhad, Proprietary, Namloze Venootschap, Besloten Venootschap, Aktiengesellschaft or Limited Life Company or abbreviations Ltd, Corp, Inc, S.A., PLC, S.A.R.L, Bhd, Pty, NV, BV, A.G. or LLC will be a part of every companies name |
| Who executes the foundation documents? | Two signatories, whose functions are limited to signing of the foundation documents and nomination of the first director |
| Statute capital of the company | No requirements |
| Offered statute capital | 5,000 USD |
| Shares | Both registered and bearer shares-class, sort and share departments - by owners' selection |
| Shareholders - Minimum number - Nominal shareholders - Holders of trust equities |
One(legal or natural entity) Yes |
| Does the law provide for non-disclosure of the information? - About actual owner of the company - About bank transactions |
Yes Yes |
| Directors - minimum number - nationality and citizenship - status |
One (can be a legal entity) Any nationality, does not have to be a resident All the powers apart from those falling into exclusive competence of shareholders (as determined by memorandum, articles of association and/or the law) |
| On the territory of Seychelles there has to be: - registered office - registered agent |
Required Required |
| Holding of the meeting of -shareholders -directors |
Not required Not required |
| Mandatory - keeping of accounting records - annual account - presentation of auditor's conclusion |
No No No |
| Information at disposal of third party | Complete anonymity. Copies of the following documents are information at disposal of third party: statute, constitution agreement of company, evidence of registration |
| Documents kept at the registered office | Place of keeping documents – any (must inform the registrar (Seychelles International Business Authority) where the documents are kept) |
| Agreements on exemption from double taxation | China, Indonesia |
| Currency control | No |
| Term of incorporation | 3 weeks |
| Financial year ending on | Look for: Annual support of companies |
| Costs of registration of company | Look for: Costs of registration and service |
| Possibility to purchase a ready-made company | Yes, look for: Ready made companies |