 1.svg)
Registration of a company in the Seychelles
- Price:from 1400 EUR
- Term: from 10 days
The Seychelles is an offshore zone favorable for international business. The country adheres to neutrality, often does not impose harsh sanctions and allows you to maintain maximum secrecy for foreigners. All owners of companies, yachts, ships, aircraft are anonymous.
A company in the Seychelles is suitable for conducting any type of activity, except for a licensed one, since in this case it is immediately recognized as a tax resident of the country and pays local taxes. It is also beneficial to create investment funds and trusts on the island. With the right approach to building a business in this offshore zone, its advantages are undeniable.
- identification of the client according to the KYC procedure
- registration procedures
- payment of the registration fee
- services of a legal address for a year
- legal and tax advice
- preparation of a package of corporate documents under an apostille
- verification of the company's compliance with all compliance and KYC criteria
- legal support of the company
- payment of an annual fee
- services of a legal address for a year
- legal and tax advice
- 1 Seychelles offshore is one of the most popular in the world
- 2There are no strict requirements for the real presence (substance) in the jurisdiction
- 3A company in the Seychelles can be created with a minimum capital and one shareholder
- 4Seychelles offshore companies do not file annual financial statements
- 5Income received outside the registration of the company is not taxed
- 6Information about owners, directors and shareholders of companies is not public
- 7The country allows the procedure of re-domiciliation or “relocation” of the firm to another jurisdiction
- 8A non-resident can open a company remotely, in a short time and without significant costs
The Seychelles tax system is known as "offshore". The jurisdiction completely exempts from taxes corporations that do not operate in the Seychelles, do not own local real estate and are not engaged in licensed activities. This exemption applies to all tax liabilities: corporate tax, VAT, dividends, etc.
In all other cases, companies pay local taxes. Income tax up to 1 000 000 SCR (about 74 000 USD) at a rate of 25%, over - 33%. In the coming year, the Seychelles are planning to lower these rates to 15% and 25%, respectively.
Also for small businesses in 2022, a pilot PAYE tax scheme has been launched. Under this program, companies with a turnover of up to 1 000 000 SCR can pay monthly income tax at a rate of 1,5% per annum.
In the Seychelles, it is possible to register a limited liability company, a special licensed company, an international business company, a limited liability partnership, a trust, a fund.
International Business Company, abbreviated IBC, is used by non-residents as an offshore structure for tax exemptions.
- Capital – no requirements for formation and specific size. The default is 100 000 USD.
- Shareholder - a private or corporate person of any residency. The minimum number is one.
- Director - a private or corporate person of any residency. The position is compatible with the shareholder.
- Secretary - the appointment is optional, the legislator does not require.
- Register of beneficial owners - companies are required to maintain an internal register of owners and submit it to the registered agent. Data is disclosed only to controlling persons.
- Available information - about the name of the company, legal address, the size of the authorized capital. Data on shareholders and directors is not publicly available.
- Substance requirements - only concern the storage of accounting and financial records.
- Legal address - the address of the registered agent in the Seychelles. The office must store all company data, registers, minutes of meetings, accounting or a resolution on the place of its storage.
Offshore companies are globally exempt from filing annual financial statements. But, due to the tightening of international regulation in the jurisdiction, a requirement has been introduced to store the accounting records of all, without exception, companies for the last 7 years. For example, accounting may be kept at the company's legal office or elsewhere. If the original accounting documents are not stored in the Seychelles, the registered agent must send copies and provide the address where the originals are stored.
In addition to accounting, large companies with a turnover of more than 3 500 00 USD must also annually form and store a Financial Summary with a registered agent.
- 3 desired company names
- description of directions for future work
- national and foreign passports of the shareholder and director
- confirmation of the address of registration of the shareholder (for example, a utility bill receipt)
- confirmation of the director's registration address (eg utility bill)