Seychelles Business setup without the stigma of an offshore company
TERRITORIAL TAXATION
The Seychelles only tax domestic income. A company in the Seychelles is therefore not subject to the national corporation tax, providing that the profits are earned outside of the Seychelles.
FULL-SERVICE PACKAGE
With over two decades of experience, complementary consultation, Full-Service-Package for company formation including ISO 9001:2015 certified Bank account opening support (TÜV NORD – show certificate ) and comprehensive documentation, you'll receive the complete package from PMG – no hidden fees!
LIBERAL REGULATIONS
The Seychelles offer great commercial freedoms and flexibility in all areas. Our service packages make meeting substance needs simple.
FLEXIBLE SERVICE PACKAGES
Depending on the business purpose of your Seychelles company as well as the national substance requirements, international CFC-Rules and the requirements of your customers abroad, we offer comprehensive service packages that ensure a tailor-made solution for each company. More information >
The New Seychelles Company in Detail
With the arrival of international substance requirements for foreign companies, alongside the CFC-Rules and the related national shifts in tax legislation and corporate law, the offshore company has become a relic of the past, a memory of the so-called ‘golden days’.
Exceptions! Corporate locations such as Panama , UAE (United Arab Emirates) and the Republic of Seychelles recognised the signs at an early stage and with the introduction of modern, well thought through and extremely business-friendly regulations, ensured that international businesses can continue to enjoy the many valued advantages – without having to bear the stigma of an offshore company.
Forming a company in the Seychelles is particularly suited to the following areas:
- International trade and exchange
- Holding company
- Import and export
- Service provision,
- E-commerce, E-consulting and E-services
- Ownership and distribution of licenses, rights and intellectual property
- For persons with Non-Dom Privileges, as for example Non-Dom Status in Cyprus
| Type of company: | Company limited by shares or guarantees (Ltd) |
| Name: | The company name can be in any chosen language; although an English or French translation is required The name must end in ‘Limited’, ‘Corporation’, ‘Incorporated’, ‘Socétié Anonyme’ or ‘Sociedad Anónima’ or the abbreviations ‘Ltd’, ‘Inc’, or ‘S.A.’ may be used |
| Capital: | Minimum capital is USD 1.00; Standard capital is USD 100,000.00 - although this is not payable |
| Shares: | Nominal shares |
| Share register: | Yes, although not public |
| Designated Power of Attorney: | Yes, through a registered agent |
| Registered residence: | Yes, through a registered office |
| Entry into the official register: | Yes, the company will be entered into the Republic of Seychelles company register |
| Shareholder: | At least one natural or legal person |
| Director: | At least one natural or legal person |
| Formation period: | Approximately 5-8 working days |
| Disclosure B.O.: | No – however the registrar of companies has oversight |
| Disclosure of shareholders in the register: | No – however the registrar of companies has oversight |
| Disclosure of directors in the register: | No – however the registrar of companies has oversight |
| Restrictions on corporate activities: | No activities in the banking, insurance or real estate sectors are permitted; also no financial services |
| Taxation: | TERRITORIAL TAXATION – profits generated outside of the Seychelles are not taxable in the Seychelles. Income generated in the Seychelles need to be reported |
| Corporate franchise fees: | From USD 120.00 annually |
| Financial statements: | On request and for specific companies required – we are happy to advise |
| Tax returns: | On request and for specific companies required – we are happy to advise |
| Accounting: |
Companies are required to keep proper accounting records. The accounting records and supporting documents must be submitted to the Reg. Agent twice a year. Documents for the first half of the year (January to June) must be submitted no later than July of the same year, while the accounting records and supporting documents for the second half of the year (July to December) must be submitted by January of the following year We are happy to support you with your accounting. If you'd like, we can handle this service for you. - just contact us! |
| Annual report: | Yes, upon request. |
Further information on the new Seychelles company
Requirements for the formation of a company in the Seychelles
For the formation of a company in the Seychelles we require a copy of your passport, a current utility bill (water, electricity or mobile phone bill), 3 business name suggestions and depending on the choice of the account-holding bank, business activities of the company and the chosen management package, further documents and proof may be needed.
We offer a detailed consultation tailored to your needs. UPON REQUEST .
The new Seychelles Company, Substance Requirements Abroad And CFC-Rules
A company in the Seychelles is an international business. The main benefits of this location are the so-called territorial taxation, minimal bureaucratic requirements and the unusual opportunity to flexibly adapt the structure of a company based in the Seychelles.
Depending on the business purpose of your company in the Seychelles, the tax residency of your customers and their national CFC regulations, one of our management packages will be a suitable. Detailed explanations as well as our current service offers can be found here . We provide free and detailed advice on this comprehensive topic. Just call or email us : CONTACT
Data and facts about the Seychelles
The Seychelles is an archipelago with more than 100 islands, situated south of the equator in the Pacific ocean. The main island is Mahe, with a population of approximately 80,000. The Seychelles is an independent republic part of the British Commonwealth. The official languages are English and French and the legal system is based on the British and French models.
The economy of the Seychelles depends on tourism and the fishing industry, although in recent years the financial industry has become increasingly important. The favourable corporate legislation has enticed many international banks to set up branches in the Seychelles. The currency is the Seychelles Rupee, however bank accounts can be opened on USD, EUR and some other main currencies.
