Company Formation in Seychelles

A Business friendly environment for company formation in Seychelles

Company Formation in Seychelles brings a set of islands positioned in the Indian Ocean alongside the eastern coast of Africa. The commercial enterprise pleasant surroundings in Seychelles have especially attracted many overseas investors seeking employer formation in Seychelles because of its solid political surroundings, diverse economy, and attractive tax regime with low corporate tax fees. Additionally, Seychelles has a strategic area, and the government of Seychelles offers numerous funding incentives, making it an appealing and sought-after vacation spot for investors looking for corporation incorporation in Seychelles.

Services we offer for company formation in Seychelles

We offer you the following services for your stress free company formation in Seychelles

• Local registered address services for company formation in Seychelles
• Preparing Document checklist for company formation in Seychelles
• Company registration in Seychelles with the Registrar of companies
• Corporate bank account opening after company formation in Seychelles

Types of Business Entities for company formation in Seychelles

Partnership

Two or more people with a common enterprise shape this type of organisation. Motive and earnings-sharing reason. In Seychelles, a partnership can be formed with most of the 10 partners.

Subsidiary or branch office

The parent company has jurisdiction in some other country and can engage in subsidiary or branch office company formation in Seychelles.

Offshore company or international business company

These companies are not allowed to conduct banking operations. Both residents and non-residents are unable to run this kind of business. There is no minimum capital requirement for branch office company formation in Seychelles.

Special License Company

These companies are granted a special license by the Seychelles International Business Authority to conduct business in Seychelles.

Limited liability Company

The shareholders in these companies can be from 2 to 50, and the minimum capital requirement to set up these companies is US dollar one.

Eligibility for company formation in Seychelles

For a stress free company formation in Seychelles, you must ensure the following eligibility criteria

• No residency requirement for directors or shareholders
• At least one Director is required for company formation in Seychelles
• At least one shareholder is required for company formation in Seychelles
• Appointing a company secretary is a discretionary process
• Local registered office address in Seychelles for company formation in Seychelles
• No minimum authorized share capital requirement for company formation in Seychelles
• Corporate bank account opening after company formation in Seychelles
• Drafting MoA and AoA for company formation in Seychelles
• Licenses and permits to carry on the business activities after company formation in Seychelles

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Necessary papers for company formation in Seychelles

The following Documents are required for company formation in Seychelles

• Memorandum of association for company registration in Seychelles
• Articles of association for company registration in Seychelles
• MoA and AoA for company registration in Seychelles
• Declaration of compliance on behalf of shareholders and directors
• Proof of registered office address in Seychelles
• Details of authorized share capital and shareholding
• Reference letters of the bank for directors and shareholders
• Know your customer (KYC) Documents for all the key personnel of the company
• Resolution for appointment of first Director
• Address proof of directors and shareholders, such as utility bills
• Copy of passports of the directors of the company and shareholders

Steps for company formation in Seychelles

Our team will guide you through five easy and quick steps for your company formation in Seychelles

Choosing a suitable business entity for company registration in Seychelles

You must choose a suitable business entity according to your business needs before applying for company formation in Seychelles.

Company Name reservation for company registration in Seychelles

You must choose a unique business name, search for availability, and then reserve the same through the online portal of Seychelles Financial Services Authority.

Documentation preparation for company registration in Seychelles

Memorandum and articles of association should be sent to the Seychelles Investment Bureau.

Corporate bank account opening after company registration in Seychelles

Our team shall help you open a corporate bank account with a reputable bank to focus on your business growth and expansion.

Post Registration Compliances for company formation in Seychelles

• Maintaining financial records and transactions for a minimum of seven years after company formation in Seychelles.
• Obtaining licenses and permits for the company
• Corporate bank account opening

Tax Considerations & company formation in Seychelles

• If your taxable income in Seychelles is up to SCR 1 million, then a corporate tax at the rate of 15% shall be levied.
• If your taxable income in Seychelles is above SCR 1 million, then a corporate tax at the rate of 25% shall be levied.
• 25% tax rate on telecommunication, banks, insurance companies, and alcohol and tobacco manufacturers on income up to SCR 1 million and 33% tax if the income is above SCR 1 million.

Benefits of company formation in Seychelles

If you are wondering why you should engage in company formation in Seychelles, then we have a variety of reasons for you

Faster Incorporation

Seychelles has one of the quickest registries of international business companies. It usually takes around 24 hours for company formation in Seychelles.

Tax regime

There is no corporate income tax, capital gains tax, or any withholding tax on company formation in Seychelles. Therefore, it becomes attractive for global investors seeking company formation in Seychelles to minimize their tax liabilities.

Privacy

The personal particulars of company shareholders and directors are not available in the public domain.

Ease of doing business

Seychelles has been continuously ranking among the top hundred in the ease of doing business report of the World Bank, which shows its stable business-friendly environment.

Cons of company formation in Seychelles

• Restriction on some specific business activities like banking and investment
• Challenging to open a corporate bank account

Best regions for company formation in Seychelles

Mahe

This is the most developed island for company incorporation in Seychelles. It is also in proximity to the capital city of Victoria.

Praslin

It is the second largest island for capital formation in Seychelles. Here, you get all the amenities that are ideal for business activities.

Why choose Enterslice for company formation in Seychelles?

• A global network of Legal consultants for your help.
• We comply with the data privacy norms and keep clients' information confidential.
• The hassle-free company incorporation in Seychelles with our help
• Trusted by more than 1.2 lakh clients globally.
• Client satisfaction due to the quality and standard of service provided by our team
• Free expert call by our team to resolve your query related to company registration in Seychelles.