The IBC of Seychelles are under the laws of International Business Companies Act 1994, modificado en 1995, 1996, 1997, 2000, 2005, 2007, and 2009.
- Only one director or shareholder is required for the company’s formation.
- The shareholder(s) and director(s) can be a natural person.
- There is no requirement of resident secretary.
All of the IBCs in Seychelles can have one or more person or corporate directors and they can be of any nationality. Without the needs of any statutory meetings to be held you can have them all or do business activities not being in the country at distance.
In Seychelles they offer investors the benefit of a zero tax exception like all the offshore jurisdictions for foreigners around any commercial activity or commercial transactions made outside the country.
One of the priorities of this country is to protect personal patrimony of the daily risks, they provide full discretion, confidentiality, they reduce and organize the fiscal weight.
By law a Seychelles IBC should keep accounting records that are able to explain all the transactions of the company and will be enable to show the position of the company with reasonable accuracy. The books and records will not be show in the public records it should be kept at the registered office of the company.