The International Business Company (IBC) is a preferred type of offshore business in Seychelles (an insular state which is part of the British Commonwealth) by international investors who are interested in setting up activities in the well-known archipelago, member of the African Union. There are numerous advantages which come with an IBC formation in Seychelles, like an attractive taxation system and not having to submit financial reports publicly. In matters of documents for registration of an IBC offshore in Seychelles, we suggest you ask for advice and recommendations from our team of company formation agents in Seychelles. Our consultants are specialized in varied forms of businesses in Seychelles, available for local and foreign entrepreneurs who want to establish their operations on the market.
Advantages of an IBC offshore company in Seychelles
The structure of an IBC offshore company in Seychelles is a flexible one and comes with varied attractive benefits for investors from overseas. For instance, an IBC offshore company in Seychelles, with a stable economy, needs no minimum share capital, it is subject to low government fees, the assets are protected, the financial records are not available for public access, and there are no corporate taxes. Additionally, a government fee of about $100 should be considered when such entity is registered. Even more, an IBC in Seychelles offers easy-going policies on reporting interest revenues to the tax authorities from abroad. Please consider that the main condition for registering an IBC in Seychelles is to carry out its businesses outside the islands.
Rules and regulations for setting up an IBC offshore company in Seychelles
Investors interested in registering an IBC offshore company in Seychelles must comply with several requirements, a matter where our specialists in company formation in Seychelles are able to provide you with comprehensive information, such as:
• an IBC cannot be subject to business activities in Seychelles;
• the owner cannot acquire real estate assets;
• an IBC in Seychelles cannot perform activities in the gambling area;
• the main bank accounts of the IBC offshore must be opened in Seychelles;
• the bookkeeping must be carried out in Seychelles;
• the shareholders can meet in Seychelles;
• an IBC in Seychelles can own airplanes or boats registered here.
An offshore jurisdiction like Seychelles is suitable for numerous entrepreneurs worldwide interested in merging their businesses in an insular state which is considered a tax haven.
Documents for your IBC offshore in Seychelles
First of all, we remind that the owners of an IBC in Seychelles have complete privacy on their identity, as their personal information cannot be displayed publicly. Regarding the documents necessary for an IBC in Seychelles, one should keep in mind that the Registrar Companies will only solicit the Articles of Association, and the Register of the Directors which are held at the offices of the Registered Agent, in complete privacy. We mention that the Financial Investigation Authority in Seychelles may request disclosing the information about particular IBCs in the state if an investigation takes place.
The business environment in Seychelles
Seychelles is an independent state, part of the British Commonwealth, and has one of the fastest foreign company registration processes worldwide, through the IBC offshore companies. With a prolific development in numerous industries, the government in Seychelles is open to all kinds of investments in the insular state. As it is known, Seychelles is an important transit point for trading purposes between Asia and Africa.
The entrepreneurial framework in the country made the government focus the attention on the overall regulatory productivity, eliminating several taxes and boosting transparency in the business background. Since 2015, Seychelles is known as a “high income” state, according to the World Bank classification. The easy ways of registering businesses in the archipelago state made numerous investors implement and develop their activities in a wide range of performant industries.
For a suitable understanding of how a foreigner can open an IBC offshore company in Seychelles, you may address your questions to our team of company formation agents in Seychelles. Please contact us for details in this matter.
Call us now at (+44)203-287 0408 to set up an appointment with our lawyers in Victoria, Seychelles. Alternatively you can incorporate your company without traveling to Seychelles.
As a BridgeWest client, you will benefit from the joint expertize of local lawyers and international consultants. Together we will be able to offer you the specialized help you require for your business start-up in Seychelles.