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Seychelles Company
Why Seychelles?
Known as a tax haven, Seychelles is a preferred business destination for investors who want to improve their businesses by making the tax planning more effective and protecting their assets by Seychelles offshore company formation. In this matter, an offshore company in Seychelles can be useful, and a suggested form of business for international entrepreneurs is setting IBC (International Business Company) offshore in Seychelles.
As a general definition, the offshore company is a business created with the purpose of completing various types of activities outside the country it is registered in. Seychelles offshore company formation represents one of the best ways of protecting one’s personal assets. In order to be considered an offshore company, the founders must establish this in the Articles of Association.
Our specialists in company incorporation in Seychelles can provide you with the necessary information and details about Seychelles offshore company formation and the conditions in this matter. We can also offer specialized company formation services to foreigners looking to set up Seychelles offshore companies.
The advantages of Seychelles offshore company formation
Steps for opening a company in Seychelles
1.
Drafting and vetting the documents required for the company registration procedure;
2.
Opening the corporate bank account for the IBC in Seychelles;
3.
Filing the documents with the Trade Register and registration with the tax authorities;
4.
Virtual office services can also be provided, in case the investor requires;
5.
Accounting services are also available at the request of our clients.
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Below, our company formation consultants in Seychelles list the main reasons for opening a company in this location:
No tax:
There is no taxation on profits and capital gains for companies incorporated here.
High confidentiality:
The identities of the investors are protected because no sensitive information is recorded publicly.
Flexibility:
The IBC in Seychelles, the most widely used type of company, can be used for several international business purposes.
Low requirements:
These refer to the incorporation requirements, including no paid-up capital.
Management simplicity:
There is no need to hold the shareholder’s meetings in the Seychelles and corporate decisions are very easy to make.
These five advantages rank highest among the reasons why investors choose to open an offshore company in Seychelles. If you are interested in starting a company in Dubai, we can put you in touch with our local partners.
Types of companies which can be set up by foreigners in Seychelles
Even if the general impression is that foreigners only set up offshore companies in Seychelles, the legislation also provides for other types of companies and structures which can be set up by local or foreign entrepreneurs. Among these are:
- Special license companies (CSL) which are used for conducting onshore financial activities;
- Anonymous companies which can be used for onshore trading activities in Seychelles;
Proprietary companies which are the equivalent of foreign limited liability companies;
- Trusts which can take two forms and can be used for asset protection purposes;
- Investment funds can also be registered by foreigners who come to Seychelles.
Our company formation specialists in Seychelles can offer detailed information about all the types of companies foreign entrepreneurs can register here. In case you need company formation services in another offshore jurisdiction, such as the Isle of Man, we can put you in contact with our partners.