Offshore Company Seychelles

Offshore Company Seychelles | 12 Facts To Help You Decide

Offshore company Seychelles: Inexpensive, hassle free, zero tax, quick to form & minimum documentation

Companies registered in the offshore jurisdiction of Seychelles have certain characteristics.

1. Zero personal, wealth, sales, income and capital gains taxes. Some of the other offshore jurisdictions have differing levels of levies depending on the type of business the offshore entity will undertake.

2. A company can be formed in the Seychelles offshore jurisdiction provided it does not conduct substantial business in Seychelles. This form of company is known as an International Business Company (IBC).

Offshore company Seychelles: Get a free quote now by filling in the box on the right and discover its characteristics and facts

3. An IBC is a non-resident company. A resident company can also be formed to buy property in Seychelles.

4. A Seychelles offshore IBC is relatively inexpensive to incorporate. It is best used to hold assets in other operational entities.

5. Except for regulated businesses, such as banks or other financial institutions, a offshore company Seychelles is relatively simple to set up and maintain.

6. The level of information required by the registrar of offshore Seychelles companies is minimal.

7. Offshore company Seychelles can be established with an equity capital of even US$ 1.

Offshore company Seychelles: Get a free quote now by filling in the box on the right and discover its characteristics and facts

8. The offshore IBC is also allowed to provide loans to other companies for the acquisition of shares.

9. There are certain restrictions on the type of business a Seychelles offshore company can conduct. For example, it is quite common for there to be general prohibitions against offshore companies engaging in banking business, insurance business or operating as a trust company.

10. To open a bank account for your Seychelles offshore company you will need to provide several Know Your Client documents which may have to be Apostilled or notarized.

11. Many countries require a locally incorporated company to conduct business in that country. Offshore companies can hold shares of the local company.

12. Where a share holder of the Seychelles offshore company dies, his Will needs to be admitted to probate in Seychelles.

Offshore company Seychelles: Get a free quote now by filling in the box on the right and discover its characteristics and facts

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Offshore Company Seychelles was last modified: June 8th, 2019 by Manu Raj

Manu Raj

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