Laws and practice in the Seychelles change. This article reflects the situation when it was written. The current law is on our page of the IBC Act, and we answer your questions in the chat for free. IBC Act →
Yes, an IBC may hold shares, debentures or other securities of a domestic company in Seychelles
Invest
Can an IBC invest in the Seychelles?
Yes, an IBC can hold shares, debentures or other securities of a domestic company in Seychelles. However, if the domestic company owns land in Seychelles, the IBC must obtain government approval and pay a fee before investing in the domestic company.
An IBC may purchase bonds or other securities of the Government of Seychelles. It may also own or manage a vessel registered in Seychelles under the Merchant Shipping Act, 1992.
You can find more and further information in our Lexicon/Glossary or in the IBC Act.
