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 →
What does an IBC contain, which specifications, which advantages
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Overview
IBC

Quick reference
Learn more about the Seychelles Offshore Company (IBC) here
| Seychelles Income Tax and Company Tax | None |
| Doing business internationally | Permitted |
| Doing business within the Seychelles | No |
| IBC formally considered as resident in Seychelles | Yes |
| Official language / Language of documents | English |
| Standard capital | USD 100,000 |
| Adaptable capital | Yes, from USD 100 to USD 100,000 |
| Minimum paid in capital | No deposit required |
| Bearer shares | Not allowed |
| Minimum number of directors | 32 |
| Minimum number of members (shareholders) | 32 |
| Non resident directors | Permitted |
| directors of companies | Permitted |
| Registered agent and address in Seychelles | Required |
| register of directors | Available, but not publicly viewable |
| register of members | Not available |
| Register of Members filed for public record | No |
| Disclosure of beneficial owners to the Registrar | No |
| Disclosure of beneficial owners to the registered agent | Yes |
| Holding of the Annual General Meeting | Not required |
| Directors / Members Meeting | Worldwide, also possible online |
| Company minutes and resolutions | Yes and to be kept at the place of the Director |
| Company seal | Not required |
| maintenance of accounts | Required |
| Annual accounts | Not required |
| Accounting | Not required |
| Access to double taxation agreements | Not required |
| Subject to currency controls / restrictions | No |
| Resettlement of a foreign company in the Seychelles | Yes |
| Resettlement of a Seychelles company abroad | Yes |
You can find more and further information in our Lexicon/Glossary or in the IBC Act.