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 →
1
The director and the shareholder may be the same person or entity
1 director and 1 shareholder
Can an IBC consist of one director and one shareholder?
Yes, it is possible. Similarly, the director and the shareholder of a Seychelles offshore company (IBC) can be the same person or body corporate. You can therefore be the sole director and sole shareholder of your IBC when the company is incorporated.
You can find more and further information in our Lexicon/Glossary or in the IBC Act.
