Offshore Corporation Formations – Things You Need to Know

Seychelles is a good option if you are considering offshore company formation in a tax-free, confidential, and secure environment. The jurisdiction is strict when it comes to confidentiality, and it allows flexible incorporation, while ensuring a cost that is lower than when you set up your business locally. Here are some of the other things you need to know about Seychelles company formation:

• There are different company formations to consider – A Seychelles IBC (International Business Company) is the most popular option in offshore company formation, but you may consider forming tax-resident companies like a Seychelles PCC or a Seychelles CSL. Your choice will determine where you will need to register the company. For instance, IBCs are registered with the Seychelles Financial Services Authority, and other companies are registered with the Registrar General, Companies Division.
  
  
• Reasons for choosing Seychelles company formation – A Seychelles IBC is typically used for international trading, intellectual property and asset protection, investment in securities, property investment, estate planning, tax minimization, and holding companies.
  
  
• Advantages of a Seychelles IBC – License fees are reasonable and a minimum capital is not necessary. To proceed, you will need to appoint a minimum of  one director and their must be at least one shareholder. There are no corporate taxes, government fees are low, and you can experience offshore company formation in an international trade zone. Your documents are kept private, as records cannot be accessible by the public. Seychelles has favourable corporate laws, too, with solid asset protection features.   .
  
  
• You do not have to do it alone – Seychelles company formation can be an overwhelming process if you lack professional help and a licensed corporate services provider is necessary to register the company. So, rather than working through an unlicensed intermediary, consider working directly with a licensed and registered offshore company formation service provider that can assist in preparing all the necessary documents and in guiding you throughout the registration process.