Seychelles Company

OVERVIEW

The Republic of Seychelles is a group of islands located in Indian Ocean with good and stable political environment. The official language of Seychelles is English, French and Creole. Seychelles is one the good choice for business man to setup her company with low cost and short time required. And Seychelles companies can enjoy the benefit of no taxes, privacy on assets protection and identity of principals. Besides this, Seychelles company is easy to close, just stop renewing business license.

Benefit of Seychelles

Exemption of Tax

High privacy and confidentiality of company ownership

Ease of operation, maintenance and controlHigh privacy and confidentiality of company ownership

Exempt from exchange controls

No requirments for Audit and Accounting

Easy to close procedure

No disclosure or minimum capital require

SET UP REQUIREMENT AND PROCEDURE

Basic requirement for formation:

Company Name Company name should be English and unique in BVI government record. And Chinese Name is also adopted together with the English name
Director Minimum 1 director who can be a person or a company. And person should be aged 18 or above.
Shareholder Minimum 1 shareholder who can be a person or a company. And person should be aged 18 or above.
Registered Address Register address should be in Seychelles
Capital Minimum 1 share or equivalent to USD1 to be issued and standard number of share is USD1 million

Procedure of set up

  • Company name searching
  • Collecting Information for Director and Shareholder
    1. Full Name
    2. Residential address
    3. Nationally
    4. Number of Shares holding for each shareholder.
    5. Identification document (such as passport copy or Certificate of Incorporation)
  • Provide correspondence address

Processing Time: 3 working days for ready-made company and 8 working days for tailor-made company.

COMPANY MAINTENANCE

  • The company maintenance of Seychelles Company is simple with renewal of Seychelles government license.
  • Seychelles government license schedule:
Company anniversary date License renewal due date Renewal date Penalty Renewal date Penalty Company Stuck off
January to March 15 November 16 November To 15 February USD175 16 February To 14 December USD55 1 January
January to March 15 November 16 November To 15 February 16 February To 14 December
January to March 15 November 16 November To 15 February 16 February To 14 December
January to March 15 November 16 November To 15 February 16 February To 14 December
Company anniversary date January to March January to March January to March January to March
License renewal due date 15 November 15 November 15 November 15 November
Renewal date 16 November To 15 February 16 November To 15 February 16 November To 15 February 16 November To 15 February
Penalty USD175
Renewal date 16 February To 14 December 16 February To 14 December 16 February To 14 December 16 February To 14 December
Penalty USD55
Company Stuck off 1 January