With the number of new incorporations and volumes increasing steadily day by day, Seychelles
is a top-rated offshore financial centre. Companies incorporated under the International
Business Companies Act, 1994, benefit from one of the quickest company formation worldwide
and the lowest annual government fees.
Based on the Seychelles definition of the law, this country is not subject to any tax or duty on income or profits. No taxation or absolute minimum taxation on profits and capital gains. Seychelles International Business Company is a completely tax-free offshore corporation.
To incorporate a Seychelles International Business Company (IBC), one shareholder and one director is required, who can be either an individual or a corporation and may be non-resident. Seychelles company can offer you full privacy as Seychelles has not joined any information-sharing agreements with other foreign nations or organizations to exchange financial aid. The confidentiality of the company's director, shareholder, and beneficial owners is not disclosed a part of public record. The only Seychelles International Business Company documents that may be shown on public record are the Memorandum of Association and the Articles of Association. However, these document types do not combine any information indicating the actual directors/ shareholders or the beneficial owners of the company.
International Business Companies are not required to file annual returns or financial statements, as long as they do not derive income from Seychelles. Seychelles offshore companies are commonly used for wealth management and a holding company and to conduct international trading.
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