SEYCHELLES
The Seychelles Islands are strategically located in the Indian Ocean, between the east cost of Africa and India. This independent Republic is one of the progressive offshore centers in the world with competitive legislation, which makes incorporation relatively simple, whilst ensuring Investor confidence and privacy.
| GENERAL INFORMATION |
| COMPANY LAW |
Companies Act 2001 |
| TYPE OF COMPANY |
IBC |
| LANGUAGE OF LEGISLATION AND CORPORATE DOCUMENTS |
English |
| TAXATION OF FOREIGN PROFIT |
Nil |
| EXCHANGE CONTROLS |
None |
| LENGTH OF TIME TO INCORPORATE |
24 hrs on Cr. Of Payment |
| SHELF COMPANIES AVAILABLE |
Yes |
| CORPOPRATE NAMES |
| NAME RESTRICTIONS |
Names identical or similar, offensive words |
| ENDINGS AND ABBREVIATIONS REQUIRED |
All approved Suffix |
| RESERVATION OF NAMES PERMITTED |
Yes for 30 days |
| LANGUAGE OF NAME |
Any language using the Latin alphabet |
| NAME OF BANKS, INSURANCE, INVESTMENT FUND, TRUST COMPANY OR THEIR
EQUIVALENTS REQUIRING CONSENT OR LICENSE |
Limited Use |
| CAPITAL, SHAREHOLDERS AND DIRECTORS |
| MINIMUM NUMBER OF SHAREHOLDERS |
One |
| LOCAL SHAREHOLDERS REQUIRED |
No |
| CORPORATE SHAREHOLDERS PERMITTED |
Yes |
| DISCLOSURE OF SHAREHOLDERS |
No |
| MINIMUM AUTHORISED CAPITAL REQUIRED |
US$ 100 |
| BEARER SHARES PERMITTED |
No |
| REGISTERED SHARES PERMITTED |
Yes |
| NO PAR VALUE SHARES PERMITTED |
Yes |
| MINIMUM NUMBER OF DIRECTORS |
One |
| QUALIFICATIONS OF DIRECTORS |
Legal Age |
| OFFICERS REQUIRED |
No |
| CORPORATE DIRECTORS/OFFICERS PERMITTED |
Yes |
| LOCAL DIRECTORS/OFFICERS PERMITTED |
No |
| MEETINGS AND LOCAL REQUIREMENTS |
| ANNUAL GENERAL MEETING OF SHAREHOLDERS REQUIRED |
No |
| ANNUAL GENERAL MEETING OF DIRECTORS REQUIRED |
No |
| LOCATION OF DIRECTORS AND SHAREHOLDERS MEETINGS |
Anywhere |
| QUALIFIED REGISTERED OFFICE/AGENT |
Yes/Yes |
| GOVERNMENT REGISTER OF SHAREHOLDERS |
Optional |
| GOVERNMENT REGISTER OF DIRECTORS/OFFICERS |
Optional |
| GOVERNMENT REGISTER OF CHARGES |
Optional |
| REGISTER OF DIRECTORS/OFFICERS TO BE KEPT AT REGISTERED OFFICE |
Yes |
| COMPANY SEAL REQUIRED |
No |
| COPY OF MINUTES TO BE KEPT AT REGISTERED OFFICE |
Yes |
| COPY OF SHARE REGISTER TO BE KEPT AT REGISTERED OFFICE |
Yes |
| ANNUAL REQUIREMENTS |
| MINIMUM ANNUAL LICENSE FEE OR FRANCHISE TAX |
US$ 115 |
| ANNUAL LICENSE FEE OR FRANCHISE TAX DUE DATE |
As detailed above |
| APPLICABLE SURCHARGES |
Varies |
| REQUIREMENT TO FILE ANNUAL RETURNS |
No |
| REQUIREMENT TO SUBMIT ANNUAL AUDITED ACCOUNTS |
No |
For more information please
contact us.
