{"id":5503,"date":"2018-08-26T16:21:34","date_gmt":"2018-08-26T16:21:34","guid":{"rendered":"https:\/\/offshore.sc\/?post_type=nessio_gl&#038;p=5503"},"modified":"2021-06-24T11:10:42","modified_gmt":"2021-06-24T09:10:42","slug":"what-information-you-need-on-the-proposed-business-and-activities","status":"publish","type":"post","link":"https:\/\/offshore.sc\/en_us\/lexicon-2\/what-information-you-need-on-the-proposed-business-and-activities\/","title":{"rendered":"What information do you need about the planned business and activities?"},"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-kf3znfn2-bbf38c46b7ac552efec3df9d9fa23f95'   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--5503\"  data-post-id=\"5503\">  <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\">235<\/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-e2d431111c9d54822fe2cb9f2c801754  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: One or two sentences about the IBC project is enough\"><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\" >One or two sentences about the IBC's project is enough<\/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-c52d048dbf2bf904cffd4837ae2d6bc9\">\n.avia-image-container.av-kesulvvg-c52d048dbf2bf904cffd4837ae2d6bc9 img.avia_image{\nbox-shadow:none;\n}\n.avia-image-container.av-kesulvvg-c52d048dbf2bf904cffd4837ae2d6bc9 .av-caption-image-overlay-bg{\nopacity:0.7;\nbackground-color:#ffffff;\n}\n.avia-image-container.av-kesulvvg-c52d048dbf2bf904cffd4837ae2d6bc9 .av-image-caption-overlay-center{\ncolor:#1358cb;\n}\n<\/style>\n<div  class='avia-image-container av-kesulvvg-c52d048dbf2bf904cffd4837ae2d6bc9 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='What information do you need about the planned business and activities?'><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>Activities<\/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='What information do you need about the planned business and activities?' title='What information do you need about the planned business and activities?'  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-kqaoqfw8-77f38b81aee4a1bf220d31ac5d922bc2\">\n#top .hr.hr-invisible.av-kqaoqfw8-77f38b81aee4a1bf220d31ac5d922bc2{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-kqaoqfw8-77f38b81aee4a1bf220d31ac5d922bc2 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>What information do you need about the planned business and activities?<\/h2>\n<div style=\"text-align: justify;\">\n<p>We require information on the specific business and activities that the prospective Seychelles IBC (offshore company) will undertake in order to provide guidance as to whether or not it is legal and whether or not it is permitted under the <strong><a href=\"https:\/\/offshore.sc\/en_us\/ibc-act-2018\/\">Laws<\/a><\/strong> and regulations of Seychelles is allowed or not. For most company formations, a brief one or two sentence statement would suffice.<\/p>\n<p>We also need to know the countries and regions where the offshore company will be operating to ensure that sanctioned countries or countries deemed high risk by the Seychelles authorities are not part of your business. We also ask for a brief explanation of the source of funds to set up an IBC and make it work.<\/p>\n<p><strong>A typical statement might go like this:<\/strong><\/p>\n<p>\"The company will trade and also provide consulting services in mining and industrial equipment. The target countries are Germany, Austria, the United Kingdom and Switzerland. The source of funds will be the personal savings of the beneficial owner (UBO).\"<\/p>\n<p>You can find more and further information in our <strong><a href=\"https:\/\/offshore.sc\/en_us\/glossary\/\">Lexicon\/Glossary<\/a><\/strong> 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\" id=\"style-css-av-av_hr-3a876428eececa9d35452247ddb053af\">\n#top .hr.hr-invisible.av-av_hr-3a876428eececa9d35452247ddb053af{\nheight:50px;\n}\n<\/style>\n<div  class='hr av-av_hr-3a876428eececa9d35452247ddb053af hr-invisible  avia-builder-el-7  el_after_av_textblock  el_before_av_textblock'><span class='hr-inner'><span class=\"hr-inner-style\"><\/span><\/span><\/div><br \/>\n<section  class='av_textblock_section av-kf3zn8yg-558d94a6d68c849429b98c01f9919b63'   itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" 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