The Seychelles is a group of 115 small islands located at the centre of the Indian Ocean with a population of approximately 80,000. The legislative side of Government is headed by a National Assembly of directly elected Members. The Seychelles is an independent republic within the British Commonwealth.
Taxation
International Business Companies are not subject to taxation within the Seychelles.
Directors
A minimum of one director is required and corporate directors are permitted.
Shareholders
An International Business Company need only one shareholder and shares can be issued in bearer or registered form.
Annual Reporting
International Business Companies are not required to file either an annual return or accounts.
Local Requirements
As a matter of local company law the company MUST maintain a registered office address within the Seychelles and must also appoint a Seychelles resident as a registered agent. We would generally provide these services as part of the domiciliary service fee.
Secrecy
There are no specific statutory provisions governing secrecy in relation to companies but English Law, which applies within the jurisdiction, does impose a common law duty on professionals to keep the affairs of their clients confidential.