{"id":5474,"date":"2018-08-26T15:39:27","date_gmt":"2018-08-26T15:39:27","guid":{"rendered":"https:\/\/offshore.sc\/?post_type=nessio_gl&#038;p=5474"},"modified":"2021-06-24T11:36:55","modified_gmt":"2021-06-24T09:36:55","slug":"must-an-ibc-have-a-office-in-seychelles","status":"publish","type":"post","link":"https:\/\/offshore.sc\/en_us\/lexicon-2\/must-an-ibc-have-a-office-in-seychelles\/","title":{"rendered":"Does an IBC have to have an office in the Seychelles?"},"content":{"rendered":"<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1z50f77-a9e60a5d1047bd4b4cc4775340a2cc88\">\n.flex_column.av-1z50f77-a9e60a5d1047bd4b4cc4775340a2cc88{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-1z50f77-a9e60a5d1047bd4b4cc4775340a2cc88 av_one_fifth  avia-builder-el-0  el_before_av_three_fifth  avia-builder-el-first  first flex_column_div av-zero-column-padding'     ><section  class='av_textblock_section av-kf40ptjx-65ba752efb0219d710a9324b68d1100f'   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><!-- Rate My Post Plugin - Results Widget --><div  class=\"rmp-results-widget js-rmp-results-widget js-rmp-results-widget--5474\"  data-post-id=\"5474\">  <div class=\"rmp-results-widget__visual-rating\">    <i class=\"js-rmp-results-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i><i class=\"js-rmp-results-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i><i class=\"js-rmp-results-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i><i class=\"js-rmp-results-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i><i class=\"js-rmp-results-icon rmp-icon rmp-icon--ratings rmp-icon--star rmp-icon--full-highlight\"><\/i>  <\/div>  <div class=\"rmp-results-widget__avg-rating\">    <span class=\"js-rmp-avg-rating\">      4.8    <\/span>  <\/div>  <div class=\"rmp-results-widget__vote-count\">    (<span class=\"js-rmp-vote-count\">185<\/span>)  <\/div><\/div>\n<\/div><\/section><\/div>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-1jael0z-8abaefe3dcf5b46fe1316a73ff91d663\">\n.flex_column.av-1jael0z-8abaefe3dcf5b46fe1316a73ff91d663{\nborder-radius:0px 0px 0px 0px;\npadding:0px 0px 0px 0px;\n}\n<\/style>\n<div  class='flex_column av-1jael0z-8abaefe3dcf5b46fe1316a73ff91d663 av_three_fifth  avia-builder-el-2  el_after_av_one_fifth  el_before_av_one_fifth  flex_column_div av-zero-column-padding'     ><p><article  class='iconbox iconbox_top av-keswwjsy-28fd58cbd05a631cf6dffaba006ad706  avia-builder-el-3  el_before_av_image  avia-builder-el-first  main_color'  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class=\"iconbox_content\"><header class=\"entry-content-header\" aria-label=\"Icon: An IBC can now also operate locally\"><div class='iconbox_icon heading-color avia-iconfont avia-font-entypo-fontello' data-av_icon='\ue80a' data-av_iconfont='entypo-fontello'  ><\/div><h2 class='iconbox_content_title'  itemprop=\"headline\" >An IBC can now also operate locally<\/h2><\/header><div class='iconbox_content_container'  itemprop=\"text\" ><\/div><\/div><footer class=\"entry-footer\"><\/footer><\/article><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kesulvvg-6a8c421e01017487aaff2ec09eafa990\">\n.avia-image-container.av-kesulvvg-6a8c421e01017487aaff2ec09eafa990 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-kesulvvg-6a8c421e01017487aaff2ec09eafa990 .av-caption-image-overlay-bg{\nopacity:0.7;\nbackground-color:#ffffff;\n}\n.avia-image-container.av-kesulvvg-6a8c421e01017487aaff2ec09eafa990 .av-image-caption-overlay-center{\ncolor:#1358cb;\n}\n<\/style>\n<div  class='avia-image-container av-kesulvvg-6a8c421e01017487aaff2ec09eafa990 av-styling-circle av-hover-grow av-hide-overflow av-img-linked avia_animated_image av-animated-when-visible-95 top-to-bottom avia-align-center  avia-builder-el-4  el_after_av_icon_box  el_before_av_hr  noHover av-overlay-on-hover'   itemprop=\"image\" itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/ImageObject\" ><div class=\"avia-image-container-inner\"><div class=\"avia-image-overlay-wrap\"><a href=\"https:\/\/offshore.sc\/en_us\/lexicon-2\/\" class='avia_image'  aria-label='Does an IBC have to have an office in the Seychelles?'><div class=\"av-image-caption-overlay\"><div class=\"av-caption-image-overlay-bg\"><\/div><div class=\"av-image-caption-overlay-position\"><div class=\"av-image-caption-overlay-center\"><p>Office and substance<\/p>\n<\/div><\/div><\/div><img decoding=\"async\" fetchpriority=\"high\" class='wp-image-19268 avia-img-lazy-loading-not-19268 avia_image' src=\"https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-1024x410.jpg\" alt='Does an IBC have to have an office in the Seychelles?' title='Does an IBC have to have an office in the Seychelles?'  height=\"410\" width=\"1024\"  itemprop=\"thumbnailUrl\" srcset=\"https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-1024x410.jpg 1024w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-300x120.jpg 300w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-768x307.jpg 768w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-16x6.jpg 16w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-705x282.jpg 705w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary-600x240.jpg 600w, https:\/\/offshore.sc\/wp-content\/uploads\/2021\/04\/glossary.jpg 1500w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/a><\/div><\/div><\/div><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" id=\"style-css-av-kqapo5wg-8a6fcc4569c5084127b0c7dbf31bb54a\">\n#top .hr.hr-invisible.av-kqapo5wg-8a6fcc4569c5084127b0c7dbf31bb54a{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-kqapo5wg-8a6fcc4569c5084127b0c7dbf31bb54a hr-invisible  avia-builder-el-5  el_after_av_image  el_before_av_textblock'><span class='hr-inner'><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kerawukh-9d25a00219b06d00bff1d81a740396ad'   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock'  itemprop=\"text\" ><h2>Does an IBC have to have an office in the Seychelles?<\/h2>\n<div style=\"text-align: justify;\">\n<p>No, it doesn't have to. However, with the extension of the IBC Act 2018, valid since 01.01.2019, the possibility was created to operate locally with an IBC.<br \/>\nThis makes equally the extension for the creation of <strong><a href=\"https:\/\/offshore.sc\/en_us\/blog\/substance-for-your-offshore-company-ibc\/\">Substance<\/a><\/strong> with office and employees easier. Because these local employees are now also allowed to work for the <strong><a href=\"https:\/\/offshore.sc\/en_us\/shop\/seychelles-offshore-company-2\/\">offshore company<\/a><\/strong> work and if you continue to work only offshore and do not earn any income in the Seychelles, you will continue to be exempt from tax.<\/p>\n<p>Another advantage of the substance is that you are now much clearer with your offshore company against the tax law in your country, since the IBC can now have proper office space, consumption statements, possibly vehicles and insurance certificates, etc. can receive. Thus you have from now on at any time a so called Proof of address that shows each country and their tax system that you work with your IBC independently out of the Seychelles.<\/p>\n<p>The previous statement that an IBC can only hire its own offices in Seychelles to establish or maintain professional contacts with lawyers, accountants, bookkeepers, trust companies, management companies, investment advisers or similar persons doing business in Seychelles or to keep books and records of the company in Seychelles is therefore no longer complete but still contains this passage including the above extension.<\/p>\n<p>You can find more and further information in our <a href=\"https:\/\/offshore.sc\/en_us\/glossary\/\"><strong>Lexicon\/Glossary <\/strong><\/a>or in the<strong><a href=\"http:\/\/offshore.law\" target=\"_blank\" rel=\"noopener\"> IBC Act<\/a>.<\/strong><\/p>\n<\/div>\n<\/div><\/section><br \/>\n\n<style type=\"text\/css\" data-created_by=\"avia_inline_auto\" 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