Seychelles
Company registration in Seychelles
Company registration in Seychelles is one of the fastest and most cost-effective ways to establish an international offshore structure. Seychelles International Business Companies (IBCs) are generally exempt from local taxation if they do not conduct business within Seychelles and are not required to file audited financial statements. Full foreign ownership, no minimum share capital requirements, and a high level of confidentiality make this jurisdiction an attractive choice for conducting business outside the EU and the United States.
Cost and Timeframe
- Nominee director services are available separately from EUR 600 per year.
- Corporate bank account opening (optional) starts from EUR 2,000.
- Annual company renewal fees apply and are mandatory.
The registration period starts once the client has provided all required documents.
The Registration Package Includes
- Preparation of incorporation documents;
- Company name reservation;
- Registration with the Seychelles Registrar of Companies
- Provision of a registered agent and legal address;
- Basic consultations regarding bank account opening and ownership structure
Requirements for Company Registration
- Passport and proof of residential address of the shareholder
- Information regarding the ultimate beneficial owner (UBO)
- Proposed company name
- Signed power of attorney for company incorporation.
Important to know
- Companies engaged in certain regulated activities (financial services, intellectual property businesses, etc.) may be subject to economic substance requirements.
- Since 2021, all Seychelles companies must maintain accounting records.
- Opening a bank account directly in Seychelles can be challenging; many businesses utilize banking infrastructure in Switzerland, Singapore, the UAE, and other international financial centers.
Advantages of Company Registration in Seychelles
Seychelles offers tax neutrality for companies that do not conduct business locally, making it an efficient jurisdiction for structuring international operations. A high degree of confidentiality, the availability of nominee services, rapid incorporation procedures, and simplified reporting obligations have made Seychelles one of the most popular offshore jurisdictions worldwide. However, businesses should carefully consider modern KYC and AML requirements, as well as potential challenges when opening corporate bank accounts.