A Seychelles IBC - an International Business Company - is the most popular and versatile type of offshore corporation available in Seychelles. Similar to other classic offshore companies, Seychelles IBC is designed to engage in international business. Being an IBC, it is subject to minimum red-tape. While being obliged to keep internal records and registries in good order, a Seychelles IBC does not nave to submit any financial reports to public file. There is also no mandatory audit requirement.Seychelles IBC is similar to the most popular international business company, the BVI IBC, and in some respects even exceeds that benchmark model of offshore corporation. Since the introduction of the Seychelles International Business Companies Act in 1994, over 100`000 Seychelles IBC`s have been registered, with more than 600 new offshore companies being registered every month.

Top-Advantages of Seychelles Companies

A Seychelles IBC is attractive in many ways. Some important advantages are:
 

• Reasonable and set license fees

• No minimum capital requirement

• Only one shareholder or director is mandatory

• An IBC may own or manage a Seychelles-registered vessel or aircraft

• Low government fees

• Tax free structures

• A growing matrix of tax treaties used for investment into other countries

• An international trade zone

• No corporate tax

• Not required to file accounts

• Records are not publicly accessible

• Asset protection

• Well-respected and established offshore jurisdiction

• Favorable corporate laws offering an array of sophisticated, modern & flexible offshore products

• Solid banking secrecy, considered one of the best jurisdictions for protecting the privacy of its foreign investors

• Free from undesirable measures and exchange agreements

• Holds 46 tax treaties, all compliant to OECD standards

• Names of company directors and shareholders are not placed in the public registry

• Offers lenient policy on reporting interest incomes to overseas tax authorities

• Issues an innovative "Special License" company that can be used to take full advantage of Seychelles’ growing network of double taxation agreements

• No exchange controls

• Fiscal Incentives

• A skilled, professional and bilingual population

• Modern communication network

• Residence permit and work permit are available for foreign investors

• A skilled, professional and bilingual population

Privacy & Data Protection

The only records delivered to the Registrar are the Memorandum and Articles of Association, which have no reference to the beneficial owner, directors, officers or shareholders.

Capital
Standard capitalization for a Seychelles IBC is USD 50,000. Share capital and total shares are unlimited. There are no minimum or maximum capital requirements for a Seychelles IBC.

Shares
Shares of the Seychelles corporation may be issued in a variety of forms including: Par or No Par Value, Voting or Non-voting, Preferential or Common, Nominal or Bearer. Shares may be issued for money or for other valuable consideration, may be issued before any payment is made, and can be issued in any currency.

Shareholders, Directors and Officers
Only one director and shareholder are required and can be the same person. Nominee shareholders and directors are permitted. No statutory requirement for officers; however, if officers are required they can also be directors and shareholders. Shareholders and directors may be of any nationality and reside in any country. Directors and shareholders may be either a natural person or a corporate entity.

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