The Seychelles are a beautiful island archipelago located in the Indian Ocean. The islands are a favorite exotic tourist destination and many people from all around the world come here to visit their vacations. Beside the tourism, the Seychelles are a well known offshore jurisdiction and many investors come here to register and operate their offshore companies.
The most appealing fact about a Seychelles offshore company is the easy and fast process of registration. On the contrary to the other jurisdictions where we are forced to wait weeks to register an offshore company, in the Seychelles we can register a company in only one day. Also, the costs of the registration are also one of the cheapest in the world so we do not have to spend a great deal of money during the process.
Of course, the main reason for forming and operating an offshore company is the tax free option. In the case of a Seychelles offshore company we can expect the same : the companies do not have to pay any taxes if they do not make any profit on the territory of the islands. The only cost to operate an offshore company is the minimal government license fee.
The minimum requirements for the forming of a Seychelles offshore company are the following :
- at least one director and shareholder
- one person can act as both director and shareholder
- unique name of the company
- the name of the future company must end with Corporation or Limited
- mandatory annual fees
