Location: Seychelles Islands
Type of Company: International Business Company (IBC)
Restrictions of Activities: Special license needed for banking, insurance, reinsurance and trust services. IBC can't carry business with the residents of Seychelles Islands and can't own real estate on the territory of Seychelles Republic.
Registered Capital: There are no requirements regarding the min/max amount. Usually this is amount equal to USD 5000
Shareholders: Person/entity can be a shareholder. Bearer shares are allowed
Registered Agent is required
Director: Minimum corporate director is allowed
Accounting: There are requirements for the accounting and annual accounts.
Taxation: There are no taxation for this type of company.
Benefits of Seychelles offshore company:
- there is no taxation and exchange control for IBC, also IBC has limited responsibility;
- there are no requirements regarding accounting, annual accounts and audit;
- confidentiality of beneficiary owner's info
You can check prices for Seychelles offshore company formation here
Walton Consultants DMCC