Offshore company setup, legal structuring and ongoing compliance support
Company Formation in Seychelles
Why Seychelles?
Seychelles is a well-known offshore jurisdiction used for international business, asset holding and cross-border structuring. The jurisdiction offers a flexible corporate framework, relatively fast incorporation process and competitive maintenance costs.
Seychelles companies are commonly used for international trading, holding structures and online business activities, subject to compliance with international regulations and substance requirements where applicable.
Key advantages of Seychelles:
Seychelles companies are commonly used for international trading, holding structures and online business activities, subject to compliance with international regulations and substance requirements where applicable.
Key advantages of Seychelles:
- Established offshore jurisdiction
- Flexible corporate legislation
- No corporate income tax on foreign-sourced income
- Quick and cost-efficient incorporation
- Confidentiality within regulatory standards
Key Facts About Seychelles
Legal system: Mixed legal system (English common law and civil law elements)
Regulator: Seychelles Financial Services Authority (FSA)
Currency: Seychelles Rupee (SCR)
Corporate income tax: 0% on foreign-sourced income (for IBC)
Public register: Limited disclosure
Accounting: Records must be maintained; reporting requirements apply
Regulator: Seychelles Financial Services Authority (FSA)
Currency: Seychelles Rupee (SCR)
Corporate income tax: 0% on foreign-sourced income (for IBC)
Public register: Limited disclosure
Accounting: Records must be maintained; reporting requirements apply
Types of Companies in Seychelles
International Business Company (IBC)
The International Business Company (IBC) is the most commonly used corporate form in Seychelles. It is designed for conducting business outside Seychelles and offers flexible management and ownership structures.
Suitable for:
Suitable for:
- International trading
- Holding and investment structures
- Online and digital businesses
- Asset holding
- One shareholder and one director (individual or corporate)
- No minimum share capital requirement
- Directors and shareholders of any nationality
We create global legal solutions
How It Works
Initial consultation and structure selection
Company name check and reservation
Due diligence and compliance review
Preparation of incorporation documents
Company registration with the Seychelles registry
Delivery of corporate documents
Required Documents
From the client:
- Passport copy
- Proof of residential address
- Brief business description
- Source of funds information (if required)
Prepared as part of the service:
- Memorandum and Articles of Association
- Certificate of Incorporation
- Corporate resolutions
Taxation and Compliance
Seychelles IBCs are generally exempt from corporate income tax on foreign-sourced income. However, companies must comply with international regulatory standards, including:
- Economic Substance requirements (for relevant activities)
- Maintenance of accounting records
- Compliance with AML and KYC regulations
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Bank Account Opening
A Seychelles company may apply for:
- International bank accounts
- Accounts with foreign financial institutions
- Payment institutions and EMI solutions
- Business model and activity
- Ownership and management structure
- Countries of operation and counterparties
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Bank account opening is subject to independent bank approval and cannot be guaranteed.
Some international banks may have additional requirements for entities, particularly for foreign owners or high-risk jurisdictions.
Some international banks may have additional requirements for entities, particularly for foreign owners or high-risk jurisdictions.
We create global legal solutions
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Frequently Asked Questions (FAQ)
Yes, company formation can be completed remotely subject to compliance procedures.
Economic Substance applies to certain regulated activities only.
Yes, Seychelles is widely used for international trading structures.
No, directors of any nationality are permitted.
In many cases yes, depending on the bank and business profile.
Why MyFirm Global?
- Experience with international corporate structures
- Multi-jurisdictional approach
- Focus on compliance and long-term support
- Assistance beyond incorporation
Ready to Register a Company in Seychelles?
Get professional support with company formation and ongoing compliance in the Seychelles.
