The Seychelles is a group of 115 islands located in the Indian Ocean to the north of Madagascar.
The Seychelles economy is primarily based on tourism and fishing.
The rapidly growing financial sector, linked to the establishment of the Seychelles International Business Authority and the introduction of progressive laws facilitating the establishment of offshore structures and encouraging inward investment, is now a significant element of the economy.
An ever-increasing number of international banks and insurance companies have established either branches or subsidiaries whom, together with local management, accounting and legal firms provide clients with support.
|Company type||International Business Company (IBC)|
|Governing corporate legislation||Seychelles International Business Authority (SIBA) is the governing authority and the companies are regulated under the IBC ACT 1994|
|Information published relating to company officers||There is no public register of company officers (Directors, Shareholders, Secretary)|
|Confidentiality||The Seychelles offer a high level of anonymity and privacy|
|Accounting requirement||No accounting / reporting requirements|
|Taxation||No taxes of any sort|
|Legislation||Modern offshore legislation modelled on BVI|
|Time to form||Seychelles has a fast and efficient Registry (name and incorporation usually same or next day)|
|Stability||Stable jurisdiction with very good reputation|
|Communication||Efficient communication means|
|Time zone||Convenient world time zone : GMT+4|
|Paid up capital requirement||No paid up capital requirement|
|Basis of legal System||Under Common Law|
|Minimum shareholders / directors||Minimum of 1 Director / Shareholder|
|Bearer shares||Bearer Shares are permitted|