Yes it is a requirement for all companies in every part of the world to keep books of accounts and other records. The Seychelles IBC is no different in this regard. It is a duty of the directors of the company to do so. Other records include minutes of meetings, and agreements between shareholders and between directors and other officers include consents for appointments and share transfer forms.
It is important to note that IBCs are not required to prepare accounting statements that can be read. They are only expected to keep accounting documents meaning invoices and receipts, bank statements, and contracts possibly in what accountants call a “shoe-box”.
It is also important to note that IBCs are not required to file accounts with anyone in Seychelles.