Seychelles – Key Benefits
The advantages and benefits that are offered by the formation of a Seychelles International Business Company’s are renowned. They offer excellent tax benefits, asset protection and high confidentiality. Some of these benefits are listed below:
- Seychelles IBC’s have no tax liabilities
- There is no minimum share capital requirement
- No nationality restrictions on directors or shareholders, 100% foreign ownership is permitted
- Only one Director and one Shareholder is required and these can be the same person
- Minimal reporting requirements – no audit or tax returns are required
- Cost effective ongoing maintenance
- No requirement for a company secretary
- High degree of confidentiality with no public register of shareholders or directors and nominees can be used if required
- No requirement for annual meeting to be held in the Seychelles, can be held anywhere in the world
- There are no foreign exchange controls and funds can be freely in an out of the country