International Business Companies (IBC)

Seychelles has one of the fastest and most efficient Registrars for IBC incorporation in the world. There is no requirement to disclose the identity of the shareholders of an IBC company without a court order.

A IBC company is not subject to tax in Seychelles (and can be considered as the equivalent of the Mauritius GBC2). A IBC company should not pursue business within the territory of the Seychelles (except, of course, it may enter into business with any other Seychelles IBC`s).

A IBC can conduct any business activities other than the following: banking, financial services, carrying out the business as insurance, re-insurance company, providing of registered office facilities, nominee services, directorship services, secretarial services or other services for corporations, providing trusteeship services by way of business. A IBC licence is ideal for a company that intends to carry on international trading, invoicing, marketing, ship management, Consultancy services, logistics, IT Services and asset holding.

A IBC may own or manage a vessel or aircraft registered in Seychelles. However it may not own an interest in immovable property situated in Seychelles or a lease of immovable property situated in Seychelles.

Seychelles IBC Company
General
Type of entity IBC
Type of law Hybrid
Our time to establish a new company 1 – 2 days
Corporate Taxation Nil
Double taxation treaty access No
Share Capital or Equivalent
Standard currency US$/GBP/Euro
Permitted currencies Any
Minimum paid up USD$1.00
Bearer Shares Not Allowed
Directors
Minimum number 1 (Corporate Director allowed)
Local required No
Publicly accessible records No
Location of meetings Anywhere
Shareholders
Minimum number 1
Publicly accessible records No
Location of meetings Anywhere
Company Secretary
Required No
Local or qualified No
Accounts
Requirement to prepare No, required to keep proper accounting records
Audit requirements No
Requirement to file accounts No
Publicly accessible accounts No
Other
Requirement to file annual return No
Re-domiciliation permitted Yes

 

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