Frequently Asked Questions about Seychelles

What makes the Seychelles an attractive jurisdiction in which to incorporate a Company?
If properly structured, a Seychelles Company can be a tax-free entity. The Seychelles allows 100% foreign ownership.

Are there any restrictions on the activities of a Seychelles offshore Company?
A Seychelles International Business Company (IBC) cannot conduct any activities in the Seychelles, nor may it own real estate in the country.

What are the reporting requirements for a Seychelles Company?
There are no annual audit or annual returns required for a Seychelles Company. Accounting records must be kept for 7 years.

Is the Seychelles viewed as a tax haven?
A Seychelles IBC may be perceived as a tax haven Company.

Is the Seychelles a secure long-term jurisdiction in which to invest?
The Seychelles remain committed to keeping confidential the information on Companies and bank accounts held there. It is not subject to the European Union (EU) Savings Tax Directive, unlike some of the offshore tax havens linked to EU member states such as the UK and its overseas territories.

Are there any restrictions on the number of directors and shareholders in a Seychelles Company?
A Seychelles Company requires only one (non-resident) director and shareholder. Corporate directors are also allowed.

Is there any minimum capital requirement to set up a Seychelles Company?
There is no minimum capital requirement.

Are Seychelles Company details made available to the public?
A register of shareholders and directors must be kept with the company’s agent in the Seychelles.