Seychelles company formation without the stigma of an offshore company
TERRITORIAL TAXATION
The Seychelles only taxes 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 20 years of experience, complementary consultation, Full-Service-Package for the formation of a company including ISO 9001:2015 certified Full-Banking-Service (TÜV NORD – show certificate) and comprehensive documentation, you will receive the complete package from Privacy Management Group – without hidden costs!
LIBERAL REGULATIONS
The Seychelles, as in Panama, offers in all aspects enormous commercial freedoms and a high degree of flexibility. With our management packages, substance requirements can be met easily and without complications.
FLEXIBLE MANAGEMENT PACKAGES
Depending on the activities of your business in the Seychelles, the national substance requirements and international CFC-Rules, as well as the national requirements of your clients abroad, we can offer you the appropriate and secure solution with our management packages. More information >
The new Seychelles company in detail
Finally, with the introduction of international substance requirements for foreign companies, the CFC-Rules and the corresponding national changes in tax legislation and corporate law, the offshore company is now globally a relic of the ‘olden days’.
Exceptions! Corporate locations such as the Republic of 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 status, as for example Non-Dom in Cyprus (EU).
| 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 you. |
| Tax returns: | On request and for specific companies required – we are happy to advise you. |
| Accounting: | This is required and we can offer this service for a fee. |
| 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), three suggestions for company names and depending on the choice of the account-holding bank, business activities of the company and the chosen management package, further documents and evidence may be needed.
We can provide you with a comprehensive consultation UPON REQUEST.
The new Seychelles Company, Substance Requirements Abroad And CFC-Rules
A company in the Seychelles is not an offshore company. Rather, the main advantages of this location are due to 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 headquarters of your customers and their national CFC regulations, one of our management packages will be a suitable. A detailed explanation on the topic as well as our current offers can be found here. Of course, we are also happy to provide free and detailed advice on this comprehensive topic. Just give us a quick call or send a short email: 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, an unofficial currency of USD.
