InterConsult Seychelles Limited

News

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 for IBCs than any other jurisdictions
  • Nominee shareholder and directors permitted
  • Corporate nominees permitted (including those from other jurisdictions)
  • 1 shareholder, 1 director; minimum requirement
  • No public disclose of Beneficial owner, Shareholder or Director
  • No public register of shareholders or Directors
  • Bearer shares allowed.  We, as registered agents, are required to have on file (not for public or official records) the details of the custodian (holder) of the bearer share certificate(s)
  • No minimum share capital requirement
  • Annual company returns are not made public
  • Financial accounts are not made public
  • No annual meeting requirements
  • Double Taxation Avoidance Treaties in force with China, South Africa, Indonesia, Oman, Botswana, Mauritius, Thailand, Malaysia, Vietnam, Belgium, Barbados, Qatar, Bahrain, Cyprus, U.A.E and Zambia. Treaties with various other countries such as Luxembourg, Portugal and Monaco are in the final stages of negotiation.

Seychelles also has a wide range of offshore products available, namely:

  • Seychelles International Business Company (IBC) – no tax offshore company (the jurisdiction’s most popular product)
  • Seychelles Special License Company (CSL) – low tax (1.5%) domestic company with special license
  • Seychelles Limited Partnerships (LP)
  • Seychelles Protected Cell Company (PCC)
  • Seychelles International Trust
  • Seychelles Foundation
  • Seychelles Mutual and Hedge Funds

Seychelles International Trade Zone (SITZ) – companies licensed to operate within the Seychelles Freeport

Posted in: News