Seychelles Company Registration
Hotline: 86-755-82143422, Email:2355725105@qq.com
Seychelles Company Formation is also called Seychelles company setup, Seychelles business setup, Seychelles company registration, Seychelles company incorporation, Seychelles business establishment and Seychelles business registration.
The Seychelles are a popular offshore jurisdiction best known for inexpensive incorporation fees and speed of service. The country is located on a group of islands in the Indian Ocean. The Seychelles International Business Companies Act (Seychelles IBC Act) came into force in 1994 and is based on British Common Law and French Civil Law. Seychelles national languages are English, French and Creole, making this offshore tax heaven attractive to English and French speakers alike.
Introduction of Seychelles
Seychelles is an independent Republic within the Commonwealth with a population of 82,000 approximately. Seychelles comprises a group of approximately 115 islands in the Indian Ocean, most of which are situated between 4 and 5 degrees south of the equator. The country has good political stability with a democratically elected Government. The Seychelles economy is primarily based on tourism, commercial fishing and offshore financial services industry.
Law and Taxation for Seychelles corporate formation
Seychelles is governed by civil law except for the corporate legislation and criminal law which are based on the English common law. The principal corporate legislation governing IBCs is the International Business Companies Act (IBC Act) 1994. IBCs are exempted from taxation on business activities or transactions carried outside of the Seychelles. An IBC can be converted to other resident companies such as Companies Special License ("CSL").
The CSL is a Seychelles domestic company (incorporated under the Companies Act 1972), which is granted a special license under the Companies (Special Licenses) Act 2003. A CSL can take advantage of the Seychelles steadily expanding network of double taxation treaties which include China, Indonesia, Malaysia, Mauritius, Thailand, S. Africa, Botswana, Oman, Cyprus, UAE and Vietnam.
Corporate Requirements for Seychelles corporate formation
IBCs are required to have at least one director and one shareholder, which may be natural persons, or corporate entities. Neither directors nor officers need to be shareholders. Shareholders, directors, and officers may be of any nationality and may be residents of any country. A company secretary is not mandatory, although it is customary to have one appointed, and may be of any nationality and need not be resident in the Seychelles. The language of legislation and corporate documentation is either English or French. If any other language is used, it must be accompanied by a translation in either English or French.Both the English and Chinese company name can be included on a company's Certificate of Incorporation.
Shares permitted include: registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights. Beneficial owners need not be disclosed. There is no requirement to hold Annual General Meetings and meetings do not have to be held in the Seychelles and can be held by telephone or other electronic means. IBCs do not have to file any annual returns, accounts, or financial statements and there is no requirement to register initial or ongoing changes in directors or officers.
Local Infrastructure for Seychelles company formation
Seychelles has the finest International Airport in the Indian Ocean region and its national and international telecommunications carriers are well established. There are an increasing number of international banks and insurance companies which have established branches in the Seychelles with local management companies, accounting and legal firms to provide support.
Contact us
For any Seychelles Company Formation enquiries, please do not hesitate to contact us, Malaysia hotline：603-2141 8908，Fax：603-21418909; Hong Kong hotline: 852-27826888, Fax: 852-34262391; China hotline: 86-755-82143181, Fax: 86-755-82143182; Email: tannetcom88@gmail.com (Malaysia), Group website：www.3737580.net