Seychelles Offshore Company Registration: Steps to Follow

Seychelles continues to be one of the most popular jurisdictions for offshore company registration due to its reasonable government fees, superb legal framework, fast incorporation, and flexibility. A Seychelles IBC is exempt from business and capital gains taxes in a politically stable jurisdiction that accepts non-English language names for companies. If you are thinking of setting up an offshore company there, you will need to follow these crucial steps to avoid the guesswork and other issues:

• Look for a reputable Seychelles offshore company registration service provider – Make sure it is licensed and regulated by the Financial Services Authority in Seychelles, and that it has at least a decade of experience in successfully helping businesses, investors, entrepreneurs, high net worth individuals, and financial institutions set up offshore companies in popular jurisdictions. This specialist can guide you through the entire process of registering an offshore company, too.

• Consult with the service provider – Take time to understand the requirements and documents you will need to prepare to proceed with the offshore company registration. This is a good time to identify the potential benefits of setting up your company in Seychelles. The specialist will guide you through the relevant regulatory requirements and company laws, too.

• Prepare the documents – Once you reach an agreement with the service provider, all the documents for Seychelles offshore company registration must be prepared. These include the memorandum of association, resolution appointing the directors, articles of association, share register, first resolutions of the directors, and register of directors. Share certificates are optional. You may require   a declaration of trust where nominee shareholder services apply, a power of attorney if a professional director service is included and similar.

• Register the documents with the right company registrar in Seychelles – For Seychelles IBC, the documents and application form must be sumitted to the Financial Services Authority. The Companies Division of the Registrar General is in charge for all other types of companies.