Seychelles
Situated in the Indian Ocean, 240 miles East of Kenya the Seychelles contains over 100 islands comprising 284 square miles. One third of the population lives in Mahe, the capital.
 

Highlights of Seychelles 

  • Excellent corporation law
  • No exchange control regulations
  • Political and Economic Stability
  • Excellent worldwide communication facilities
  • Serviced by major world airlines
  • Excellent hotel accomodation
  • Skilled personnel
  • No capital gains, income or any other kind of tax
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Social and Economic Indicators 

  • Climate - tropical
  • Popultation - 76,000
  • Official Language - Selsewa, but English is the official language for business
  • Government - Constitutional Democracy. British Commonwealth Association Member.
  • Living Standards - High
  • Banking - Worldwide banking facilities available
  • Legal Tender - Seychelles Rupee. With an exchange rate around SR? per US dollar
  • Industry - Tourism, Financial Services and Small Industry
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Highlights of Seychelles International Business Companies (IBCs) 

  • Reasonable formation and maintenance costs and fees
  • A 24-hour Company Name Reservation Service at the Registry of Companies
  • Certificate of Incorporation in 24 hours
  • Speedy incorporation procedures, and simple ongoing administration
  • The Seychelles Registry is equipped with modern sophisticated computer equipment which heightens speed and efficiency in the processing of documents in a timely manner
  • No requirement to file annual returns or financial statements. No requirement to hold annual general meetings of shareholders or directors
  • Full exemption from taxation on any business activity or transaction carried out outside Seychelles
  • Minimum capital requirements and minimum registration fee on capital
  • Companies may engage in any lawful business in any country and may carry out transactions in whatever currencies they choose
  • Nonimative or Bearer shares at owner's discretion. Nearer shares do not need to be paid up for issuance thereof.
  • Companies are allowed to have a sole director
  • The shareholders, directrors and officers may be of any nationality and may be residents of any country
  • Neither the directors nor the officers need to be shareholders
  • Directors and/or officers can be either corporate entities or natural persons
  • There is no requirement to register initial, or ongoing, changes in director(s) and/or officer(s)
  • Meetings of shareholders and/or directors may be held in any country and same may attend meetings by proxy or by any electronic means (phone, fax, etc)
  • The words "Limited", "Corporation", "Incorporated", "Societe Anonyme", or "Sociedad Anonima", or their abbreviations "Ltd.", "Corp","Inc." or "S.A." may be used in a company's name
  • Familiarity of incorporation documents (Memorandum and Articles of Association, Certificate of Incorporation) because The Republic of Seychelles is a British Commonwealth Assiciate member
  • The apostille is the usual form of legalisation, although consular legalisations are also available
  • Incorporation documents may be drafter in Spanish or any other language whenever they are presented together with an English or French transaltion
  • The books, records and minutes of the company may be kept in any place or country at the directors' choice
  • IBC's are subject to zero taxation
  • There is no requirement to file financial statements 
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Uses of Seychelles International Business Companies

  • Holder of bank accounts, fixed deposits, investment plans and any other financial or commercial title
  • Owner of the shares of other companies or legal entities
  • Owner of apartments, houses, buldings and any other movable or immovable property or goods
  • Manager and promoter of international business transactions
  • International leasing of aircrafts, vehicles, machinery and others
  • To give or receive money for loans, commissions or others
  • Marketing and promotion of products and services
  • Other commercial and financial activities
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