Who can become director? Any individual over the age of 18 may be appointed as a Director of a Seychelles Offshore (IBC). The person must not be bankrupt, have been convicted of any criminal offence or have been disqualified to act otherwise as a director. It is generally recommended that someone with a good clean history is appointed because a director's past is likely to be reviewed at some point, especially if a bank account is required. Most banks will refuse an application if the person has a "colorful" past.
As an alternative to individuals, any legal entity can be appointed from anywhere in the world. The legal entity must be listed in its register as existing. Similarly, if you appoint a company director from the date of incorporation of your new IBC, it is important that the director existed at the time of his appointment and was not formed after the IBC (i.e. a few days later).
A person (be it an individual or a company) who is competent and responsible should normally be appointed, especially if he or she is an executive director. Directors are responsible for the affairs of the Company and owe the Company a duty of care that will be taken seriously in all courts.
Also note that the management and control of the company may often be located in the country where the directors are based. For example, in the Seychelles. This can have a significant impact on legal proceedings and tax matters. If you feel that you may be faced with such problems, we recommend that you Contact to join us.