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MAIN FEATURES OF THE SEYCHELLES JURISDICTION

MAIN FEATURES OF THE SEYCHELLES JURISDICTION

October 2012  The jurisdiction has many appealing features: Stable and independent as a country Fast incorporation, usually within 24 hours Low incorporation and renewal fees Convenient time zone (+4 hrs GMT) Modern offshore legislation modelled on BVI – confidentiality guaranteed by law Multi-lingual incorporation documents allowed (Chinese characteristics accepted) Secure offshore banking (Barclays/BMI Offshore) Lower taxes [...]

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SHIP/YACHT REGISTRATION

SHIP/YACHT REGISTRATION

October 2012  The Merchant Shipping Act 1992 governs the shipping industry in the Seychelles.  Ships and yachts may be registered in the Seychelles under the terms of the Act.  The Seychelles offers an attractive “offshore” regime for the ownership and registration of yachts.  A Seychelles citizen or company (IBC or domestic) must own a yacht in [...]

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OPENING OF BANK ACCOUNTS

OPENING OF BANK ACCOUNTS

October 2012 A natural choice for a Seychelles IBC would be to bank with a first-rate well renowned international bank, also located in the Seychelles. Interconsult has a very good working relationship with Barclays Bank (Seychelles) – a branch of the international banking group of Barclays.  Barclays Bank in Seychelles has a dedicated offshore banking department, [...]

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SEYCHELLES INTERNATIONAL BUSINESS COMPANY (IBC)

SEYCHELLES INTERNATIONAL BUSINESS COMPANY (IBC)

October 2012  The International Business Company (IBC) is by far the most popular offshore investment vehicle available in Seychelles.  The Seychelles IBC is a tax-free corporation designed for engagement into all forms of international business. Recent amendments to the Seychelles International Business Companies Act 1994, adopted the minimum requiremens for account record-keeping. The records are kept [...]

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