Seychelles Islands

The Seychelles islands in India ocean, consists of more than 100 islands with names, most islands are four to five degrees south latitude. The largest of the Seychelles islands is Mahe Island, although this island near the equator, its climate is surprisingly comfortable, not extremely hot or humid. The Seychelles islands have a population of about seventy-two thousand, mainly French pioneers, African slaves, British sailors, and descendants of merchants of India, China, and the middle east. The islands have become a vibrant, with a simple, warm, carefree and content characteristics of the mixed ethnic community.

The Seychelles Department of international commerce introduces a set of progressive laws to promote the establishment of overseas companies and other institutions and encourages input. The International Business Company Act (1994) is very similar to the international business corporation law of Bahamian archipelago. It provides international companies with corporate profits and capital gains without the treatment of Seychelles's taxes. One of the unique features of Seychelles international is that an international company can register in most international languages and can use any word suffix that represents limited liability.

Seychelles offshore company and local infrastructure

The Seychelles International Airport is the best airport in the India Ocean region, and its domestic and international telecommunications services have matured. In addition, more and more international banks and insurance companies have set up branch offices in Seychelles, providing support services by local management companies, accountants and law firms.

Seychelles offers a wide range of financial services, including offshore banking, investment and insurance services. International business companies are not expensive, and they are easy to use. They are the most popular companies. They can be used for many purposes without restrictions.

Law and taxation of Seychelles Corporation

The Seychelles is governed by written laws, but the company laws and criminal laws are drawn up in accordance with the common law of the United kingdom. The international business companies act of 1994 is the principal Company Ordinance governing the international business corporation. The legislation requires comprehensive and simple corporate legislation in all aspects of incorporation, registration, regulation, operation and taxation and requires very little information from the company.

International business companies do not have to pay taxes on business activities or transactions outside the Republic of seychelles. Although there is no specific legislation governing the confidentiality of corporate data, the British common law requires professionals to ensure that customer information is kept confidential.

Seychelles company registration requirements

International business companies must appoint individual or corporate directors and shareholders at least one. Directors and officers do not have to be shareholders, and shareholders, directors and officers may be nationals of any nationality and may reside anywhere. The company does not have to appoint a company secretary, but the local company is used to appoint a company secretary, and the company secretary can be any nationality and not necessarily living in seychelles. The company must set up a registered office and a registered agent in seychelles. Local legislation and corporate documents are compiled in English or French, and documents must be submitted in English or French if it is necessary to compile the relevant documents in other languages.

Seychelles company registered address

The company's registered address must be in seychelles.

Seychelles Corporation

The selected name cannot be the same or too similar to the registered name. The company's name does not contain words relating to the government of Seychelles, such as insurance, unless other applicants apply for a licence.

The name of the company to Off Shore Company Limited, Corporation, Incorporated, Soci t Anonyme (S.A) or its abbreviation "end. You can also use BV, GmbH, and SARL as closing words.

Off Shore Company can choose any language to name it. However, if English or French is chosen in third languages, the name must be translated in English or French, and the name of the Chinese and English companies may be contained in the company's registration certificate.

Off Shore Company equity owner

Shares permitted by the company include registered shares, unregistered shares, non par shares, preferred shares, redeemable shares, and shares with or without voting rights. The statutory share capital of an international commercial corporation is generally $one hundred thousand, and the share is a par value share. The par value of a share may be in any currency, and the issued share capital must be at least one share or no par value. The company does not have to publish final beneficiary information.

Nominal and real capital of Seychelles Corporation

Nominal capital is generally US$1000000, which is also the highest nominal registered capital of the lowest government fees. Both nominal and real capital can be used in any currency. At the very least, the actual capital is usually one share; shares may or may not be in denominations.

Off Shore Company financial statements

There is no specific requirement for the financial statements. The company does not have to submit financial statements to any government departments in seychelles.

Off Shore Company tax declaration

International business companies do not have to file annual reports, accounts or financial statements, and all Off Shore Company do not have to declare or pay taxes.

Off Shore Company shareholders

At least one shareholder. The shareholders may be natural or legal persons, and can be any citizen or legal person, there is no requirement to hold annual meetings, and meetings do not have to be held in the Seychelles, through telephone or other electronic means.

Off Shore Company directors

There is at least one director who may be a natural or legal person. A director may be a person of nationality, and does not have to reside in Seychelles, nor is he required to register any changes to a director or officer (for the first time or later).

Company secretary of Seychelles company

The Seychelles offshore company does not need to appoint a company secretary, although most companies appoint a company secretary. The Secretary may not be a resident of Seychelles, and may be a natural or legal person, even if it is appointed.

Seychelles company registration and maintenance fees

Off Shore Company registration fee

If the registered capital is less than $1000000, the total cost includes the government fees for the first year, the first year's registration address and the registration agent fee (plus additional courier fees).

Off Shore Company annual fee

If the registered capital is more than 1000000 US dollars, the annual maintenance fees after registration include government fees, registered addresses and registered agent fees.

Time required for registration of Seychelles company

It takes about 20 days to complete all the formalities.

Customers need to provide documents

A copy of an identity card or passport, including a list of utilities.