International Business Company Incorporation in Seychelles Jurisdiction

International Business Companies:

Seychelles IBC is a non resident Seychelles company that is exempt from taxes and can undertake any activity in any part of the world other than in Seychelles. It also cannot undertake business activities of Banking, Insurance, and Trusts etc.

Seychelles IBC, which can be incorporated in 24 hours, is among the leading IBC’s in the world. Over 10,000 companies were incorporated in 2007 and there are over 50,000 companies on register.

Structure of IBC:

Type of Company Type of Law	IBC Hybrid
Capital	No maximum or minimum authorized share capital prescribed
Currency Used	Currencies of any form are permitted to from the authorized capital. Standard currency used to form the share capital is US Dollar.
Type of Shares	Shares may be issued and may include Par or no par value Voting or non voting Preferential or common and nominal It may be for money or other valuable consideration. Issued in any currency Shares issued before any payment is made. Bearer share are permitted.
Directors	One Director required and it can be a corporate entity. The Director can be of any nationality and can reside in any country.
Share Holders	One Share holder required and it can be a corporate entity Nominee share Holders are allowed Shareholders can be of any nationality and can reside in any country.
Meetings	No requirement to hold annual general meeting of its share holders. If Held, the meeting can be from anywhere in the world. Meeting can be held on telephone or by any other electronic means. Meetings of the Directors can be optional.
Company Secretary	Not required to appoint a company secretary
Tax Consideration	IBC is exempt from all taxes on income derived outside Seychelles Share holder of Seychelles IBC is exempt from any tax on his income derived from IBC IBC is also exempt from stamp duties
Double Taxation treaty access	NIL
Annual requirements	Government Fee Requirement to prepare accounts. No requirement for audited accounts No requirement to file accounts No public access to records No requirement to file annual return
Local Requirements Language Used	Registered office and registered agent required. French or English
Restriction On trading	Cannot trade within Seychelles Cannot own real estate in Seychelles Cannot undertake business of banking, insurance, re insurance or trust activities.
Name Restrictions	IBC shall not end with the word or phrase which may suggest the patronage of government. No Words, phrases or abbreviation such as "Seychelles", "Republic", "Government", "Govt" or "National" can be used. Also words such as Banks, Assurance, Building, Society, Chamber of commerce, foundation, trust etc may not be used without special permission license.
Redomicilation	Permitted