Our Services – Offshore Company Formation, Nominee Director, Nominee Shareholder, Mail forwarding and Bank Accounts
Offshore Formations 247 specialize in Seychelles company formations ranging from simple company registrations to complex structures including offshore Trusts and in providing a very comprehensive assortment of administrative services to Seychelles companies, including the provision of Nominee Director, Nominee Shareholder, Mail Forwarding and Bank Account services. We are also able to offer a 'transfer in' service whereby we can take over the management of your existing Seychelles Offshore Company, often for no cost at all.
Our specialist Seychelles company formation and company registration team:
Call our specialist Seychelles offshore company formation team FREE on 0808 168 3676. If you are calling from outside the UK, please call us on 0044 (0) 208 492 6388
Offshore Formation Background in Seychelles Offshore Company
The British Virgin Islands (BVI) constitute one of the world’s most reputable offshore commerce and finance centers, located approximately sixty miles east of Puerto Rico and two miles from St. Thomas, U.S. Virgin Islands. Telephone, internet and postal services are good (as you’d expect from one of the main offshore financial centres in the world). Its official language is English. The International Business Companies Act of 1984 provides for the incorporation and administration of the International Business Companies (IBC) in British Virgin Islands (BVI). Companies incorporated under the Ordinance enjoy a complete exemption from income tax.
Offshore Tax Information in Seychelles Offshore Company
Seychelles Companies and their Tax Liability
A Seychelles IBC, by the definition of the law, is not subject to any tax or duty on income or profits. A shareholder of a Seychelles IBC is also not subject to any tax on his income derived from the IBC.
In a similar fashion, a Seychelles IBC is also exempt from any stamp duties on all transactions relating to its business, in particular on any transfers of property to or by the company, and on any transactions in respect of the shares, debt obligations or other securities of the IBC.
Essentially, a Seychelles IBC is a completely tax-free offshore corporation, insofar as it complies with a few simple rules of operation. The main requirement is that a Seychelles IBC should not pursue business within the territory of the Seychelles (except, of course, it may enter into business with any other Seychelles IBC`s). The law provides that all exemptions for a Seychelles IBC shall remain in force for a period of twenty years from the date of incorporation of the IBC.
Seychelles Company Formation / Registration
Offshore Formations 247 are able to incorporate a Seychelles IBC. Company formation normally takes between 1 - 2 working days to register, though Off The Shelf companies are available should your requirements be more immediate.
Seychelles Offshore Company Anonymity and Disclosure
Confidentiality is one of the key features of the Seychelles IBC (International Business Company) as details of the companies beneficial owners, directors and shareholders are NOT part of the public record. At registration of a new IBC, the Registrar of Companies does not require any data whatsoever on who is the actual beneficial owner of the new company. This information is only known to the licensed Registered Agent of the company and is kept in complete confidentiality. The internal corporate files of the IBC, like the Register of Members, Register of Directors and all Minutes and Resolutions, are kept at the offices of the Registered Agent and are also confidential.
The only documents of a Seychelles IBC that are held on public record are the Memorandum of Association and the Articles of Association. These documents do not contain any indication as to the actual shareholders or the beneficial owners of the company.
The Seychelles has avoided entering any information-sharing agreements with foreign countries or organizations for exchange of financial aid. Client confidentiality is robustly enshrined in the Seychelles corporate and business legislation. The offshore financial services sector contributes significantly to the country`s GDP. There is an inherent interest with the government and with the general public to maintain and develop the country`s status as a competitive offshore financial centre.
Seychelles IBC’s are not required to file any financial accounts. The IBC is free to arrange its accounts in any manner that is most fit for the company owners, so as to enable them to establish the financial position of the Company with reasonable accuracy.
Seychelles Offshore Company Shares
Seychelles IBCs are normally incorporated with an authorised share capital of US$100,000 with par value. The authorised share capital may be expressed in any currency. The minimum issued capital is either one share of no par value or one share of par value.
Registered shares, bearer shares, shares of no par value, preference shares, redeemable shares and shares with or without voting rights are permitted in Seychelles.
Corporate & Legal Information in Seychelles Offshore Company
CORPORATE INFORMATION
| Type of entity |
IBC |
| Type of law |
Hybrid |
| Shelf company availability |
Yes |
| Our time to establish a new company |
Within 24 hours - often in under 3 hours |
| Minimum government fees (excluding taxation) |
US $100 |
| Corporate Taxation |
Nil |
| Double taxation treaty access |
No |
SHARE CAPITAL OR EQUIVALENT
| Standard currency |
US $ |
| Permitted currencies |
Any |
| Minimum paid up |
Nil |
| Standard Share Capital |
US $100,000 |
DIRECTORS OR MANAGERS
| Minimum number |
1 |
| Local required |
No |
| Publicly accessible records |
No |
| Location of meetings |
Anywhere |
MEMBERS
| Minimum number |
1 |
| Publicly accessible records |
No |
| Location of meetings |
Anywhere |
COMPANY SECRETARY
| Required |
Optional |
| Local or qualified |
No |
ACCOUNTS
| Requirement to prepare |
Yes |
| Audit requirements |
No |
| Requirement to file accounts |
No |
| Publicly accessible accounts |
No |
OTHER
| Requirement to file annual return |
No |
| Change in domicile permitted |
Yes |
Why Form Seychelles Companies?
The Seychelles is an island country which can be found in the Indian ocean. The area is a popular jurisdiction for those seeking to form a company offshore due to the low start up and maintenance costs associated with doing so and the exemption from all taxes that is afforded to companies in the country.
The Advantages Of Forming Seychelles Companies
There are many benefits for anyone who chooses to form Seychelles companies with Offshore Formations 247. No minimum capital is needed to get started so those who do not have a huge amount of capital to invest may wish to consider their options in the Seychelles before looking at other jurisdictions.
No Tax
Of course, one of the biggest draws for people looking to forma company in the Seychelles is the fact that they will not be subject to any tax payments whatsoever on either income or profits. This includes stamp duty. This makes Seychelles companies much more competitive than those in many other jurisdictions around the world.
However, you must bear in mind that in order to keep your tax free status, you should not seek to pursue business within the territory of the Seychelles. You are, however, free to do so anywhere else on the globe whilst taking advantage of your tax exempt status.
Confidentiality
Another huge benefit of Seychelles companies is that they are amongst the most confidential in the world. Details of Seychelles companies, including directors and shareholders are not made public, so there is no need to worry about your business being kept private.
Offshore Formations 247
At Offshore Formations 247, we specialize in the formation of Seychelles companies, whether they be simple business registrations or something much more involved. Our staff are fully up to date with all of the latest financial and business legislation in the Seychelles and are well qualified to help you with administrations services, bank account services and any other service you will require when forming your Seychelles companies. We are even able to take over the day to day management of your Seychelles company for absolutely nothing.
The Benefits Of Seychelles Company Formation
The Seychelles is, without a doubt, the best place to form an offshore international business. Offshore Formations 247 can help you to do so, whether you are looking for a business registration or to build a much more complex structure, we can deal with your Seychelles company formation at an extremely competitive price.
The Seychelles
The Seychelles is a beautiful island country in the Indian ocean. Thanks to its excellent tax system, it is a popular place for foreign investment. It is also one of the jurisdictions which is most sought after when it comes to international company formation. This is not surprising as offshore companies who operate from the Seychelles do not have to pay any tax to the Seychelles government at all. This is the reason why so many choose a Seychelles company formation over company formations in other jurisdictions.
The Benefits
At Offshore Formations 247, we are inundated with company directors who want our help with their Seychelles company formation. It is one of our most popular jurisdictions and it is easy to see why when you consider the fact that a business can operate their virtually tax free, providing they do not make any profits on the island itself, but that is not the only reason why Seychelles company formation is so popular.
Fast Registration
When you contact Offshore Formations 247 and request a business registration in the Seychelles, it will take us only one or two days to sort this out for you, so you can get up and running very quickly with a Seychelles company formation.
Privacy
With a Seychelles company formation, it is not necessary to make public the names of the shareholders, directors etc. This means that you can conduct your business with perfect confidentiality from the Seychelles.
Seychelles Company Formation
At Offshore Formations 247 we are able to incorporate Seychelles companies within a couple of days. We also offer off the shelf companies if your needs need to be met more swiftly. If you would like any more information on Seychelles company formation, do not hesitate to get in touch with us and we will do everything we can to answer your questions.
