General Information

Seychelles is an independent Republic within the British Commonwealth with a good political stability with a democratically elected Government. The Seychelles economy is primarily based on tourism, commercial fishing and the offshore financial services industry.

Its success has been enabled through the Seychelles striking the right balance between sound regulatory practices and pleasing the market.

  •   Official Language: English, French and Creole
  •   Legal System: Governed by civil law except for the corporate legislation and criminal law which are based on English common law
  •   Currency: Seychelles rupee (approx. USD 1 : SCR 8)
  •   Time Zone: GMT +4
Features and Benefits
  •   The principal corporate legislation governing IBCs is the International Business Companies Act (IBC Act) 1994;
  •   Exempt from exchange controls;
  •   Privacy and asset protection; and
  •   Ease of administration.
Key Corporate Features
General Information
Political Stability Good
Type of Company IBC (International Business Company)
Legal System Hybrid
Corporate Requirement
Minimum Number of Shareholders 1
Minimum Number of Directors 1
Registered Address Yes
Company Secretary No
Other
Standard Authorised Capital USD 1,000,000
Corporate Tax No
Filing of Annual Return Yes
Seychelles Shelf-companies Available View Now
Public Disclosure
Beneficiary Owner(s) No
Filings Shareholder(s) No
Filings Director(s) No

 

 

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