Seychelles IBC is the most popular and versatile type of offshore corporation available in Seychelles.
The International Business Companies Act, 2016, governs the operations of offshore companies. The registration process in Seychelles is straightforward.
Features
Nominee Shareholders and Directors are permitted
Other Offshore Companies can act as Nominee
No requirement to file Accounts or Annual Company Returns for Seychelles IBCs
Seychelles IBCs pay no taxes in Seychelles
Restrictions
Cannot trade within the Seychelles or own real estate there. Cannot undertake the business of banking, insurance, assurance, reinsurance, fund management, asset management (other than the company’s own assets) or any other activity that would suggest an association with the banking and insurance industries.
Directors
The minimum number of directors is one, who may be a natural person or a body corporate. They may be of any nationality and need not be resident in the Seychelles.