Offshore Glossary The Offshore Glossary shows you the most common and important terms and questions for your offshore business. The meaning of the terms and questions are well described. Simply click on a term or question. ABCDEFGHIJKLMNOPQRSTUVWXYZ# A acceptable translatoraccounting recordsact commencement dateappeals boardapproved formAre corporate directors allowed?Are there long and complicated forms to fill in?articlesauthorised capitalauthorityB bearer shareboardBody corporateC Can an IBC have a non-English name?Can an IBC have its own offices in Seychelles?Can an IBC have only 1 director and 1 shareholder?Can an IBC invest in Seychelles?class of memberscompanycompany limited by guaranteeCompany limited by sharescompany limited by shares and guaranteeD DirectordissolvedDo we have to come to Seychelles to incorporate an IBC?documentDoes an IBC give foreigners an unfair advantage over residents?Does an IBC need to file accounts?Does an IBC need to keep books of accounts and other records?Does an IBC need to pay taxes?F For IBC names, which words are prohibited? Do you have a list?H How fast can you get a name approved?How quickly can we have an IBC?I If someone investigates a Seychelles IBC, what information will they get?Is a company secretary needed?Is Seychelles the best jurisdiction for IBC incorporation?M Must an IBC have an office in Seychelles?R RenewalRing FencingW What are the main advantages of the Seychelles IBC over other IBCs?What do you accept as proof of address?What do you mean by a “jurisdiction”?What information and documents will you need from us to register the IBC?What information do you need on the proposed business and activities?What is an accounting address?What is an IBC?What is the difference between an IBC and an domestic company?Who can be a director?Who can sign for the Seychelles Offshore Company?Why do you need our passports and other documents and information?