The advantage of an “off-the-shelf” company is a much lower time frame required for its registration, as it is, normally, ready for use within one hour after the reception of the required information, documentation and payment from the client.
To begin the process of selecting the best package or choosing one of the ready-made companies from the list, please, contact us for a consultation and assessment. We can determine the best strategy for each client. Then, you should just fill out the forms and send us the necessary documents together with the information about the structure of your company (including directors and shareholders).
Once completed, you will receive a payment bill. It contains a detailed explanation of each option included in the package. After the order is paid, the client is either mailed finalized paper forms or proceeds to request a new bank account. The procedure is nearly identical for pre-made offshore company formation with the exception of faster availability to the client.
Why the Seychelles?
The Republic of Seychelles has long been recognised as a tourist paradise: many travelers from different countries arrive here to enjoy the golden sandy beaches, incredible sunsets and impeccable service. However, for more than 20 years this state, spread over 115 islands in the Indian Ocean, attracts not only people who wish to relax in luxury resorts, but also businesspeople who think of improving their companies. Why?
Attractive jurisdiction and zero taxation One of the key elements of the economic activity in the Seychelles is the financial services sector with an offshore company formation industry being its main feature. The stability of jurisdiction, excellent reputation helped the Seychelles become one of the most popular classic offshore zones. Nowadays, 90 000 companies are registered in the Seychelles and the number is constantly growing, turning the Republic into a full-fledged international financial center.
Due to numerous requests for the registration of new offshore companies, the Republic of Seychelles has created a modern legal system that clearly regulates the process and makes it as easy as possible for everyone involved. We will help you maximize its capabilities and effectively apply a variety of financial services and tools.
Full set of services in a Paradise Offshore business in the Seychelles is a way to de-risk your assets and protect them from any trouble in the financial market. Maximum security of your assets and no need for financial risk will help you optimize your international business and avoid unnecessary expenses. Beneficial for both clients and offshore markets, we preserve the reputation of each represented IBC package to make certain there are no predicaments when dealing with organizations offshore. Besides, each client can increase the level of privacy by requesting Director services provided by local professionals.
We have a package for both Seychelles offshore company incorporation and ‘off-the-shelf’ companies.
The advantage of an “off-the-shelf” company is a much lower time frame required for its registration, as it is, normally, ready for use within one hour after the reception of the required information, documentation and payment from the client.
To begin the process of selecting the best package or choosing one of the ready-made companies from the list, please, contact us for a consultation and assessment. We can determine the best strategy for each client. Then, you should just fill out the forms and send us the necessary documents together with the information about the structure of your company (including directors and shareholders).
Once completed, you will receive a payment bill. It contains a detailed explanation of each option included in the package. After the order is paid, the client is either mailed finalized paper forms or proceeds to request a new bank account. The procedure is nearly identical for pre-made offshore company formation with the exception of faster availability to the client.
General information
Government type
Republic
Executive branch
Cabinet (government) headed by the President
Legislative branch
unicameral National Assembly (34 members)
Judicial branch
Magistrates’ Court, Supreme Court, Court of Appeal
GDP per capita rank
34 (2012)
Corporate info
Shelf companies permitted
Yes
Legal system
based on English common law and French civil law
Incorporation timescale for a turnkey company
above 2 weeks
Cyrillic alphabet permitted in company name
No
Local registered office
Yes
Types of entity
company limited by shares; company limited by guarantee; company limited by shares and guarantee; limited partnership; special license company; protected cell company; international business company
Incorporation timescale for a new company
2 days
Company suffix
Limited, Corporation, Incorporated or the related abbreviation: Ltd., Corp., Inc..
Sensitive words
“Bank“, “Building Society“, “Chamber of Commerce“, “Chartered“, “Cooperative“, “Credit Union“, “Government”, “Licensing”, “Municipal”, “Parliament”, “Police”, “Royal”, “Tribunal”, “Stock Exchange” or a word or abbreviation conveying a similar meaning. “Airline”, “Assurance”, “Bitcoin”, “Bureau de Change”, “Casino”, “Charity”, “College”, “Council”, “Foundation”, “Fund”, “Gambling”, “Gaming”, “Hospital”, “Insurance”, “Insurer”, “Lottery”, “Military”
Shares and share capital
Minimum authorized share capital
No requirements
Minimum issued share capital
No requirements
Minimum paid share capital
1
Authorized capital payment deadlines
No requirements
Bearer shares permitted
No
Issued capital payment deadlines
Upon issue
Standard currency
US Dollar
Standard authorized share capital
No
Standard par value of shares
1
Shares with no par value permitted
Yes
Taxes
Min. rate for corporate tax
0%
Capital gains tax
No
VAT
15%
Withholding tax
15%
Exchange control
No
Personal tax
15%
Corporate tax (in detail)
IBCs are exempt from corporate tax within Seychelles jurisdiction.
Capital gains tax. Details
There is no capital gains tax in Seychelles jurisdiction.
VAT. Details
VAT is a broadly based tax on consumption. It applies to almost all goods and services that are imported, bought and sold for use or consumption in Seychelles jurisdiction. Registration for VAT is required, if company’s turnover exceeds a VAT threshold of SR 5 million. A person whose annual turnover is below the VAT threshold may however decide to voluntarily register. There are two VAT rates: 15% (standard rate) on most supplies of goods and services, and 0% (zero-rate) on a specific list of transactions.
Other taxes
Trades Tax; Excise Tax; Presumptive Tax; Corporate Social Responsibility Tax
