Seychelles

Conditions for the company suitable
for international transactions:

 

Legal form

IBC

Duration of establishment

2 – 3 days

Register of executives

Not publicly accessible

Register of shareholders

Not publicly accessible

Registered capital

1,000,000 USD

Minimum paid-up capital

1 USD

Minimum number of shareholders

1/same person

Minimum number of executives

1/same person

Non-residents allowed as executives / legal person

Yes / Yes

Registered agent / seat required

Yes / Yes

Local company secretary required

No

Local General Assembly required

No (anywhere in the world)

Submission of financial statements

No accounting filing requirements. *

Submission of annual reports

No

Mandatory audit

No

Required tax return

No

Taxation of income

No

Possibility to use a Double Taxation Avoidance Agreement

No

* No, however Section 174 (1) of the IBC Act, 2016 (Amended) requires the company to keep records and such documents (receipts, invoices etc.) as to enable it for accounts to be prepared.