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Why Is Seychelles Attractive Country for Company Formation

Updated on Thursday 31st May 2018

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Why-is-Seychelles-an-attractive-destination-for-company-formation.jpgSeychelles is for many years an attractive destination for FDIs (foreign direct investments). This small insular state is an important business center that welcomes foreign investors who want to set up companies in Seychelles. For instance, offshore companies in Seychelles are easy to set up and are among the types of companies with numerous tax benefits. If you would like to open a company in Seychelles, we invite you to address your inquiries to our company formation agents in Seychelles.
 

What are the benefits of opening an offshore company in Seychelles?

 
Besides the fast incorporation within a few days, an offshore company in Seychelles is registered under complete confidentiality about the shareholders in Seychelles. We also mention that an offshore company in Seychelles comes with the following advantages:
 
  • there is no need for a minimum share capital or company secretary;
  • such business can be established by one stockholder, regardless of the nationality;
  • an offshore company in Seychelles is exempt from taxation on profits;
  • there is no duty for revenue repatriation of an offshore in Seychelles.
 
If you would like to know more about how to register a company in Seychelles, we invite you to get in touch with our team of advisors in Seychelles.
 

Can I open an IBC in Seychelles if I am a foreigner?

 
Yes, foreign investors can set up IBCs (International Business Companies) in Seychelles with minimal expenses at registration, no minimum share capital, and privacy about the owners of such company. It is good to know that IBCs in Seychelles are protected by the Seychelles International Business Authority Act of 1994, an important set of laws that guarantees anonymity and privacy of investors in Seychelles, another reason why this insular state is attractive for foreigners willing to do business.
 

Is there any requirement for the annual meeting of shareholders in Seychelles?

 
No, foreign investors who decide to start a business in Seychelles do not need to attend to the annual general meeting, as such condition is not imposed for conducting a business in this country.
 

Short economy overview about Seychelles

 
Even though it is a small insular state, the financial services, and the tourism are the main engines that sustain the economy of Seychelles. The infrastructure is well-developed and offers complete access to countries worldwide. There are numerous investors from Europe, Africa, Asia or America who consider Seychelles a proper destination to conduct their operations. The company formation procedure in Seychelles is less bureaucratic and offers to foreign investors the possibility to commence the activities in a fast and reliable manner.
 
If you would like to know more about how you can register a company in Seychelles, we invite you to contact our team of company formation specialists in Seychelles.
 

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