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General Guide to Company Incorporation in Seychelles

Updated on Tuesday 19th December 2017

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General-guide-to-company-incorporation-in-SeychellesSeychelles is mostly known as a tax haven, however, the offshore or the international business company (IBC) is not the only business form available here. Foreign investors can also set up limited liability companies or special license companies in the Seychelles.

Those interested in setting up a company in Seychelles must comply with the regulations imposed by the International Business Companies Law of 1994 and the Companies Special License Law of 2003. Our company formation consultants in Seychelles can offer information on the legislation related to registering a company here.

Company incorporation requirements for companies in Seychelles

Before choosing the type of company, it should be noted that the company formation requirements in the Seychelles are the same in terms of share capital. However, the minimum number of shareholders are two in the case of the limited liability company and one when it comes to the IBC. The company must also have a secretary and at least two directors who must be natural persons, no matter the type of company.

With respect to the registration of the Seychelles business, the company must file the incorporation documents with one of the following authorities:

  • -          with the Seychelles International Business Authority, in the case of IBCs;
  • -          with the Financial Services Authority, in the case of special license companies;
  • -          Companies Register, in the case of limited liability companies.

Our company registration consultants can assist with the incorporation process of a Seychelles company.

Steps related to creating a company in Seychelles

The following steps must be completed when setting up a company in the Seychelles:

  • -          choosing and reserving a trade name, the reservation is available for 30 days;
  • -          notarizing the incorporation documents of the company (this step is not compulsory; however, it is advisable);
  • -          filing the statutory documents with the right authority, depending on the type of company;
  • -          paying the registration fee and the stamp duty;
  • -          registering for taxation purposes;
  • -          registering for employment purposes.

Special licenses could be required in certain cases. For assistance in starting a business in Seychelles, please contact our local company formation advisors.

 

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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.

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