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Incorporate a Seychelles Company
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Seychelles is a beautiful country located in the Indian Ocean, well known offshore for its effective business tools. Its official name is the Republic of Seychelles.
Its legal system is similar to that of the United Kingdom´s. As a tax haven for companies doing offshore activities, it is ideal for those who want to expand their business worldwide.
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Outline of Seychelles
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The Republic of Seychelles is known as the "Pearl of the Indian Sea," consisting of 115 islands located 1,600 kilometers east of Africa. The entire area is approximately 445 square meters with a population of 80,000.
Its capital is Victoria, Mahe. The official languages are English, French, and Seychelles-Clareore.
Sight-seeing is a popular tourist activity because of Seychelles´ beautiful seas. This makes the country especially richer than most African countries.
Many companies have already founded their businesses in the country as it is ripe for offshore expansion.
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Merits of a Seychelles Company
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Being a tax haven, Seychelles´ location makes its laws hold up against that of more powerful countries:
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* No taxes apart from an annual government license fee
* No required financial reports and annual returns
* Incorporate with only one director and one shareholder
* Nominees are accepted
* Company can be managed offshore
* Foreign bank accounts can easily be opened
* Free SwissMICSI account
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etc...
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Minimum Capital of a Seychelles Company
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The minimum authorized capital of a Seychelles Company is US $100,000. Higher capitals can be accommodated with an increased business license fee.
Note that authorized capital is not the same as paid-up capital. You are not required to prepare this amount.
Capital amount can be increased with the corresponding license fee determined by the rate of increase.
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Incorporation Package
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Our company formation package in Seychelles includes:
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* Preparation and filing of the necessary paperwork for registration
* Provision of Initial Subscriber
* Certificate of Incorporation
* Memorandum and Articles
* Articles of Association
* Resolution of the appointment of a director and allocation of shares
* Share Certificates for each shareholder
* Transfer Forms
* Registration fees payable to the Seychelles government
* Registered address and agent to comply with minimum local presence laws
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Fees are calculated based on the US $100,000 capital. Higher capital would result to higher fees, depending on the amount needed.
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Renewal and Maintenance Fee
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Companies are not taxed in almost all tax havens such as Seychelles. Instead, the government charges a renewal fee for its companies as a source of its funds.
All government fees for the first year are already included in the aforementioned requirements. Subsequent years will call for an annual payment of a maintenance fee amounting to 490 EUR (inclusive of government fees and renewal procedure fees).
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Time for Incorporation
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Incorporation only takes one work week. Corporate documents will be delivered by courier one week after obtaining the Notary Public Certificate and Apostille.
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Bank Account
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With Oobac, you may choose to open any number of company accounts from different banks around the world without ever leaving your country. You may choose to create an account with one of our suggested banks:
Of course, you can open bank account in Seychelles definitely.
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Nominee Service
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While you can incorporate your company using your personal information, its risk is having your name, address, and other private information open to the public.
We recommend using our Nominee Service, wherein by using a Nominee Director and a Nominee Shareholder, your personal information need not be on public records that put you at risk.
For further details on the Nominee Service, refer to the following pages:
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Issuing Nominee Share
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By availing of our Nominee Service, you get the exclusive benefit of owning shares without having to use your real name. Again, your personal information will remain confidential and unrecorded so that your business is always secure.
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Related Services
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Oobac offers even more tools to enhance your company´s business activites and security.
For more details, visit the following pages:
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