Serbian language English Language

Accenica | offshore jurisdictions - Seychelles


seychelles offshore Seychelles

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.

Main characteristics:

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
Standard Currency US$
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
Secretary required No
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