The Seychelles recognizes the importance of foreign investment, and as such has implemented several types of incentives for foreigners who wish to invest there. These include non-detrimental taxes; import duty exemption; asset depreciation; and attractive tax credits.

The Seychelles International Business Company (IBC) is the most popular among Seychelles companies offshore. No minimum amount of paid-up capital is needed. No audit is required. Company officers or board members do not have to be of a particular nationality. The Seychelles does not have to be the location for annual meetings; in fact, they can be held by conference call from and to anywhere in the world. No more than one director and one shareholder need to be named on the Articles of Association.

No Seychelles residents can be involved in Seychelles corporation transactions. A Seychelles IBC may not own property in the Seychelles, whether undeveloped land or with pre-existing structures. Bank and insurance licenses are mandatory for those performing this kind of service.

Other types of Seychelles companies, which each have their own rules and stipulations, include the protected cell company, which must categories each asset as cellular or non-cellular; limited partnership, which must have at least one partner liable for debts and cannot conduct business in the Seychelles; and a special license company, which requires a Seychelles-based company secretary.

The Seychelles International Business Authority (SIBA) oversees the area concerning Seychelles trusts. There are a few stipulations and rules regarding trusts here, which are as follows.

Once the trust is activated, the settler may not live in the offshore Seychelles for the rest of the time the trust is active; since the duration is 100 years, it would be safe to say that the settlor may never live in Seychelles. However, at least one trustee must be a resident of the Seychelles. One trustee can be an International Business Company owned by the settlor, which means that the settlor can also be a trustee.

With Offshore Banking International, a Seychelles offshore incorporation provides a seamless transition for your business into the world of offshore financial freedom. We work with you, step by step, on creating a customized Seychelles offshore company plan that makes sense for your company today and for the future.

The basic components of forming a Seychelles corporation are as follows:

• Articles of Association or Incorporation, Seychelles
• Parties involved (Board of Directors, President, Vice President, Secretary, Treasurer, and upper management positions)
• Authorized Capital, Subscribed Capital; no Paid Capital needed

Additional Seychelles company services available from Offshore Banking International include:

• Corporate Seal (required)
• Open Seychelles Bank Account
• Seychelles Incorporation
• Power of Attorney
• Certificate of Good Standing
• Notarization per document or set
• Apostle per document or set
• Nominee Director
• Nominee Shareholder
• Virtual office
• Domain name registration
• Website design

A Seychelles offshore IBC is extremely flexible and can accommodate practically any current financial circumstance or future financial goal. If you're looking to learn more about how a Seychelles company formation can help your bottom line, please do not hesitate to contact us today. We're happy to give you sound advice and also choose the offshore jurisdiction that is right for you.