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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.
Being a tax haven, Seychelles´ location makes its laws hold up against that of more powerful countries:
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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.
Our company formation package in Seychelles includes:
Fees are calculated based on the US $100,000 capital. Higher capital would result to higher fees, depending on the amount needed.
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 749.00EUR (inclusive of government fees and renewal procedure fees).
Incorporation only takes one work week. Corporate documents will be delivered by courier one week after obtaining the Notary Public Certificate and Apostille.
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:
Opening a bank account in Belize will also be very beneficial for your company, especially once you've acquired your business license:
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:
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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