Can an IBC invest in the Seychelles?

4.8
(154)

Yes, an IBC may hold shares, debentures or other securities of a domestic company in Seychelles

Click to add your own text here

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.

How helpful was the information?

For a rating please click on the stars:

en_GBEnglish (UK)