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Contact usSeychelles
Seychelles is the state in Seychelles archipelago in the Indian Ocean east of Africa and north of Madagascar.
Capital: Victoria (Mahé)
Official languages: English, French, Creole
Currency: Seychelles Rupee - SCR
Business in Seychelles - advantages of local jurisdiction
The main advantage of a Seychelles offshore is prompt establishment of the company. Czech commercial courts have no problem accepting Seychelles documents and Seychelles IBC can acquire shares of companies in the Czech Republic. From April 2009, the Seychelles belong to the OECD white list of the countries with the standard tax legislation (Seychelles jurisdiction is not on the list of the OECD or FATF between countries supporting money laundering). In Seychelles there is the possibility of using nominee services (nominee director and shareholder).
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The legal form of the company |
International Business Company – IBC |
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Legislation |
Influenced by Anglo-American and continental French law. |
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Time needed for company formation |
Usually within 1 day provided that necessary documents are submitted in time, document delivery in two weeks. |
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Shareholders |
Minimum number: 1 |
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Directors |
Minimum number: 1 |
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Share capital |
There is no minimum amount |
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Bearer shares (bearer) |
Allowed |
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Taxation |
IBCs are exempt from all taxes in business activities and management of the company held outside the state. IBC is then formally considered non-tax resident, does not have a VAT number, nor shareholder is subject to tax. The company only pays an annual fee. |
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Bookkeeping |
Bookkeeping is mandatory, but financial statement is not required |
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Audit |
Optional |
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Anonymity and confidentiality |
Index of companies is not publicly accessible, the names of shareholders and directors are known only to the registration agent |
The most common use of Seychelles
- Holding (parent company) to another company for purposes of property privacy
- Direct sale of goods or services where it is not necessary to use a system of agreements to avoid double taxation and no risk of withholding taxes
