The Seychelles group of islands in the Indian Ocean comprises over one hundred named islands, most being situated between four and five degrees South of the equator. The largest island is Mahé.
The names of beneficial shareholders of a Seychelles IBC are not required to be disclosed to the authorities.
Company Setup Requirements for Seychelles IBC
|Corporate Directors and Shareholders||Permitted|
|Local Secretary Required||No|
|Local Registered Office||Required (included in our package)|
|Minimum Paid Up Capital||US$1|
|Bearer Shares Permitted||Yes (However, this might create problems with bank account opening )|
|Annual Reporting or Auditing||Not Required|
|Local Tax on Foreign Income||Exempted|
Note: Shareholder(s) and director(s) can be the same.