Incorporating a company in the Seychelles provides numerous business advantages, such as tax benefits, confidentiality, minimum recurring compliance requirements etc.

Below are the main advantages associated with incorporating in the Seychelles:

TAX BENEFITS

• Seychelles IBC's have no tax liabilities. The tax rate is zero percent (0%)
• Payment of capital gains taxes, inheritance taxes and death duties are not applicable on IBC's registered in the Seychelles
• All dividends, interests, royalties, rents, compensations and other amounts are exempted from the payment of income tax in the Seychelles

MINIMAL COMPLIANCE REQUIREMENTS

• The information of directors, officers and shareholders can be kept completely confidential
• Only one shareholder is required for incorporating an IBC
• Only one director is required for incorporation
• The sole director can also act as the sole shareholder
• Appointing a company secretary is not a mandatory requirement
• There is no need to appoint any operating officers of the company
• Neither nationality nor residence restrictions apply on company directors or company shareholders
• Companies and individuals, both may act as company directors, secretaries and/or shareholders
• IBC's may have beneficial owners
• An IBC need not maintain registers of directors and officers. If prepared, the registers can be maintained anywhere in the world

LENIENT RULES FOR HOLDING COMPANY MEETINGS

• There is no compulsion for an IBC to hold Annual General Meetings (AGMs)
• Board meetings can be held anywhere in the world including the Seychelles
• Physical presence of attendees is not a requirement in company meetings. Telephonic and virtual meetings are perfectly acceptable

LENIENT ACCOUNTING REQUIREMENTS

• IBC's are not required to file annual returns
• IBC's are not required to prepare (or submit) company accounts to any authority
• Offshore company accounts need not be audited by internal or external auditors
• Books and records of IBC's can be maintained anywhere in the world; not necessarily in the Seychelles . However, it is mandatory to keep an imprint of the company seal in the registered office in the Seychelles
• Share books or company meeting minutes (if maintained) need not be certified by any authority

LENIENT RULES FOR SHARE CAPITAL

• There is no requirement for having a minimum or maximum share capital
• The share capital of an IBC need not be disclosed
• There are no issued share capital requirements for IBC's
• Multiple classes of shares can be issued by an IBC
• An IBC can issue shares with or without a par value

MULTIPLE SHARE TYPES

• Bearer shares
• Registered shares
• Redeemable shares
• Shares of no par value
• Preference shares
• Shares with or without voting rights

SHARE CURRENCY

• Shares can be denominated in any currency, not necessarily only in the Rupee, US$ or GB£
• Shares may be denominated in more than one currency
• Residents of Seychelles may hold the shares of an IBC registered in the Seychelles

NO FOREIGN EXCHANGE CONTROLS

• There are no foreign exchange controls and funds can be moved freely in and out of The Seychelles

POLITICAL & ECONOMIC STABILITY

• As one of the more socio-economically stable regions of the world, the Seychelles is highly regarded as a safe haven for conducting international business activities

DIVERSE INVESTMENT OPPORTUNITY

• An IBC registered in the Seychelles is allowed to establish professional contacts with attorneys, accountants, consultants, advisors and other similar individuals or companies
• The residents of Seychelles may hold shares of an IBC registered in the Seychelles
• IBC's may conduct business transactions amongst themselves, as well as internationally without any restrictions as to the nature of business itself

These and other advantages render the Seychelles an ideal haven for conducting international business activities.

Offshore Center provides efficient company registration services for IBC incorporation in the Seychelles .

For further inquiries, please contact info@o-c.com