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Seychelles is an independent republic within the British Commonwealth. Seychelles is composed of about 115 islands in the Indian Ocean, whose legal currency is mainly the Seychelles Rupee.
The Seychelles Company is mainly divided into two categories: International Business Company (IBC) and Company Special License (CSL). Generally, IBC is more commonly registered.
Seychelles applies the IBC Act as its main companies' act, under which company incorporation, operation and taxation are comparatively simple, and less information is required to be disclosed.
Advantages
- No tax shall be declarable and payable for offshore business activities or transactions
- It is not required to disclose shareholders' information
- Company can use Chinese name
- Company can issue bearer shares
- It is not required to submit annual returns, accounts or financial statements
- With no exchange control, it is easy to raise capital
- There is a stable political, economic and trading environment
General Requirements
- There shall be at least one shareholder and director, without nationality restrictions
- Local registered address
Standard Authorized Capital
Required Information and Time for Incorporation
- Chinese and English/French names of company
- Copies of ID cards or passports of shareholders and directors
- Registration of company (requires 16 days or so)
- Purchasing a Shelf Company (requires7 days or so)
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