How to Open a Company in Seychelles

Seychelles is a top-tier offshore jurisdiction renowned for its tax neutrality, streamlined incorporation, and robust privacy laws. Its International Business Companies (IBCs) are ideal for global trade, asset holding, and investment. Here’s how to register:
Why Choose Seychelles?
1. Zero Taxation: No corporate tax, capital gains tax, or withholding tax on foreign income.
2. Privacy Protection: No public register of shareholders/directors.
3. Fast Setup: Incorporation in 1–3 days.
4. Low Costs: Minimal government fees (~$100–$300) + agent service fees.
5. Flexibility: One shareholder/director allowed (any nationality/residency).
Steps to Register
1. Choose Company Type:
- IBC (International Business Company): Most popular (95% of registrations). Cannot trade locally.
- CSL (Special License Company): For Seychelles-based activities (higher fees).
2. Select a Name:
- Submit 2–3 options to your Registered Agent.
- Suffixes: Limited, Ltd, Inc., or S.A.
- Restricted names: Bank, Insurance, Trust (require licenses).
3. Appoint a Registered Agent:
- Mandatory: All Seychelles companies must use a licensed local agent.
- The agent handles filings, compliance, and liaises with the Financial Services Authority (FSA).
4. Prepare Documents:
- Shareholders/Directors: Minimum one each (individuals/entities allowed). Nominees permitted.
- Due Diligence:
- Passport copies (certified/notarized).
- Proof of address (< 3 months old).
- Constitution: Standard templates accepted (customizable).
5. Submit Application:
- Agent files with the FSA.
- Government Fees:
- IBC: $100–$300 (based on share capital).
- CSL: $1,000+ (annual fee).
6. Receive Incorporation Kit:
- Documents issued in 24–72 hours:
- Certificate of Incorporation.
- Memorandum & Articles.
- Register of Directors/Shareholders.
- Share certificates.
- Company seal (optional).
Post-Registration Compliance
- Registered Office: Must be maintained in Seychelles (provided by agent).
- Annual Fees:
- IBC: $100–$300 (paid to agent, includes govt fee).
- CSL: $1,000–$2,500.
- Economic Substance: Applies if conducting "relevant activities" (e.g., finance, IP). Physical office/staff may be required.
- Accounting: No audits or public filings, but internal records must be kept.
- Beneficial Ownership Register: Held privately by the agent (not public).
Key Considerations
No Bearer Shares: Prohibited since 2016.
Banking Challenges: Seychelles IBCs face stricter due diligence. Opt for EMI (Electronic Money Institutions) or Asian banks.
Substance Rules: Breaches risk fines/deregistration.
Seychelles offers unmatched efficiency for offshore structuring. Partner with a licensed agent to navigate regulations.