Seychelles Company Incorporation

Seychelles company incorporation is easily carried out by a registered agent in the offshore tax haven. Seychelles company formation is done according to the stipulations of the Seychelles International Business Company Act. One (1) shareholder and one company director is required for Seychelles offshore company registration. Corporate directors are allowed by legislation. Offshore company incorporation must be done by a local registered agent.

Incorporating offshore company in Seychelles requires filing a complete Memorandum of Association with the registration authorities in the offshore jurisdiction. A Seychelles company must submit the following information.

• The name of the company
• The registered address in Seychelles
• The name and address of the registered agent doing the incorporation
• The authorized share capital of the company
• The number of shares and par value of shares
• The types of shares to be issued
• The rights, restrictions, privileges and restrictions of each class of share
• The purpose for forming the company
• The names and addresses of the company shareholders
• The names and addresses of company directors
• The by-laws of the offshore company

Once registered as a Seychelles corporation this company cannot engage in business within the jursidc6tion or with residents of Seychelles. Seychelles IBC – company incorporation regulations in the jurisdiction prevent the use of names which are already in use by other offshore companies in the jurisdiction for registration. Company names must not be offensive. Once a Certificate of Incorporation has been granted the offshore company can only carry out the business operations that it was licensed to perform. Seychelles companies wishing to offer financial services such as banking, Insurance and Fund Management must apply for a special license.

The advantages of Seychelles company formations are many, incorporating an offshore company means receiving tax exemptions any income which the Seychelles Company receives outside of the jurisdiction. Seychelles offshore companies are exempted from local income tax, corporate tax, capital gains tax, withholding tax and other forms of taxations.